Steel midday market on Friday, July 24, 2026

Data time: 11:30 PM | Authoritative sources: Shanghai Futures Exchange, Mysteel, My Steel Network

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

Threaded steel RB2610:3069, -16, down -0.68%, fluctuating and weakening throughout the day, with a spot price discount of 71 yuan on the market
Hot rolled coil HC2610:3283, -10, drop -0.30%, following weak thread operation
Iron ore I2609:741, -6, decreased by -0.80%, as the continuous accumulation of inventory at the port suppressed the downward shift of the center of gravity of ore prices
Coke J2609:1841.5,+1, increase of 0.05%, narrow range oscillation, slightly bottoming out cost
Coking coal JM2609:1282, flat, relatively resistant to decline trend
2、 Mainstream spot price including tax

Shanghai 20mm HRB400E rebar: 3140 yuan/ton, -10 yuan, synchronized reduction of 10-20 yuan in many parts of East China
Tangshan third grade large thread spot: 3070 yuan/ton, -10 yuan, sporadic purchases for terminal demand, weak transaction volume
Shanghai 4.75mm hot coil in stock: 3290 yuan/ton, -10 yuan, manufacturing orders flat
Tangshan Qian'an Pu square billet factory: 2960 yuan/ton, unchanged; Warehouse tax inclusive outbound price is 3030 yuan/ton, with average direct delivery transactions. There is an expectation of a downward adjustment in the afternoon
The mainstream quotation for 20mm Q235B medium thick plate is 3380 yuan/ton, with some looseness in the stable market