Steel Closing Market Report on July 29, 2026

1、 Futures market (closing)

Threaded steel RB2610:3062 yuan/ton, -1 point, down 0.03%, intraday range 3055-3081, narrow range oscillation throughout the day, rising and falling back
Hot coil HC2610:3286 yuan/ton,+5 points, an increase of 0.15%
Iron ore I2609:739 yuan/ton, -2 points, a decrease of 0.27%, with fluctuations converging
Coke 2609:1845 yuan/ton (+0.76%), coking coal 2609:1248 yuan/ton (-0.08%)
2、 Spot reference (including tax, yuan/ton)

National mainstream market average price

HRB400E Φ 25 thread: 3199, flat from the previous day
8mm disk screw: 3435, flat
5.5mm hot coil: 3286,+12
East China (Shanghai) spot reference: Zhongtian thread 3110; Bengang Hot Coil 3310

3、 Transactions and Supply and Demand

The traditional high temperature off-season continues, downstream construction loads are low, and the national building materials trading volume has slightly declined month on month;
Minor destocking of factory inventory and slow accumulation of social inventory, maintaining the weak supply-demand pattern;
The continuous losses of steel mills and the maintenance of reduced production have formed a bottom support for prices;
The market's upward momentum is weak, and speculative sentiment in the market is cautious, lacking proactive driving force for price increases.