Steel closing market on August 17, 2026

Futures market (closing)
Threaded steel 2610:3015 yuan/ton, narrow range oscillation, limited intraday fluctuations, low level box operation
Hot coil 2610:3260 yuan/ton, slightly up, continuing the pattern of strong coils and weak snails
Iron ore 2701: 710.5 yuan/ton, mild repair, following the fluctuation of finished materials
Market characteristics: The rise in costs drives a slight correction at the low level, rather than a trend reversal, and the sustainability of the rebound is relatively weak.
Spot reference (mainstream cities nationwide, excluding Suqian)
Threaded steel HRB400E-20mm: Beijing 3020, Shanghai 3030, Guangzhou 3170, Zhengzhou 3090, Wuhan 3100 yuan/ton, mainstream stable, slightly increased
Hot coil Q235-4.75mm: Beijing 3240, Shanghai 3280, Guangzhou 3310, Chongqing 3310 yuan/ton, with slight upward trend in some areas
Steel billet (Tangshan): 2940 yuan/ton, up 10 yuan/ton from the previous day