Steel closing market on Wednesday, July 8, 2026

Data deadline: 15:00 closing | Authoritative sources: Shanghai Futures Exchange, Mysteel My Steel Network, Lange Steel

1、 Black futures main market (unit: yuan/ton)

Threaded steel RB2610:3096,+22, up 0.72%, fluctuated and strengthened throughout the day, with short positions reducing leading to a rebound in the market. Sina Finance

Hot rolled coil HC2610:3300,+11, increased by 0.34%, followed by a slight upward trend in the thread, with a weaker trend than the thread

Iron ore I2609:746,+6.5, up 0.88%, disturbed by the expected suspension of Australian ports, causing a slight rebound in ore prices

Coke J2609:1956.5,+9, up 0.46%, cost side strengthens synchronously, providing bottom support for Sina Finance

Coking coal JM2609:1293.5,+12.5, up 0.98%, disturbed by safety supervision in the production area, double coke closed red on the entire line Sina Finance

2、 Mainstream spot price including tax

Shanghai 20mm HRB400E threaded steel: 3182 yuan/ton, -10 yuan, with a futures and spot price difference of 86 yuan. The market is strong, but the spot price is weak. My steel

Tangshan thread spot: 3150 yuan/ton,+10 yuan, steel billet price increase drives slight increase in finished products

Shanghai 4.75mm hot coil spot: 3335 yuan/ton, unchanged, manufacturing orders maintain low levels during the off-season

Tangshan Qian'an Pu square billet factory: 2970 yuan/ton,+10 yuan, warehousing including tax outbound: 3020 yuan/ton, direct delivery transaction is average

National market differentiation: Southern cities such as Changsha, Nanchang, and Wuhan saw a 10 yuan increase, while Shanghai and Hohhot saw a slight 10 yuan decrease. Most regions maintained stability in their steel industry

3、 Transaction and inventory data

Building materials transactions: 237 mainstream traders completed 104600 tons of transactions throughout the day, a significant increase of 25.6% compared to the previous day, with a brief rebound but not breaking away from the low range of the off-season. My steel

Inventory: The social and factory warehouses of the five major steel varieties continue to accumulate slightly, and the arrival of iron ore at ports is relatively high. Inventory remains at a high level for the year, and supply pressure still exists