According to Shengyi Society's monitoring, in February 2026, 2 steel commodities rose month-on-month (ferromanganese 1.08%, scrap steel 0.33%), 12 fell (1 down over 5%, Australia iron ore -5.43%), average change -1.11%.

On March 23, 2026, domestic refined oil prices will be significantly raised (5th consecutive increase in 2026). Crude oil prices rose due to US-Iran conflict, Hormuz Strait blockage, and supply risks. Government regulation adjusted actual hikes; supply-demand tightness supports gasoline/diesel prices. Future depends on Middle East situation and policy changes.

This week, galvanized sheet coil futures fluctuated with steady demand rebound (rigid demand-driven, limited growth). As of March 20, average price rose 0.37% to 4120 yuan/ton. Capacity utilization increased, supply up; inventory declined slowly. Hebei Baoheng’s line completed test. Home appliance production mixed. Short-term price may narrow fluctuate.