Domestic ferrosilicon prices trended sideways early this week then rose unilaterally, jumping 0.71% on April 23 to 5448 yuan/ton. Supported by tight blue charcoal supply, stable downstream demand, low inventory and higher steel mill bidding prices, the price center shifted up 38 yuan/ton weekly.

This week, domestic medium and thick plates prices showed a "unilateral upward then stable" trend, up 0.30% weekly. Core drivers include rising billet cost support, rebounding downstream demand and low inventory.

This week, galvanized sheet coil prices slightly rose, supported by raw material cost increases and steel mill guidance adjustments. Hot coil futures fluctuated strongly, with spot prices following. March 2026 galvanized exports increased month-on-month, but April exports may not grow significantly. Short-term domestic prices may still have upward room.

CISA's mid-April 2026 data shows steel enterprises' crude steel (21.11mt, +0.4% m-o-m daily), pig iron (18.98mt, +0.3% m-o-m daily) and steel (15.05mt, +3.1% m-o-m daily) output; steel inventory (18.63mt, +6.4% vs early April, +11.5% y-o-y) is high with slow demand recovery, seasonal supply-demand mismatch and structural contradictions.

As of April 20th, domestic hot-rolled coils (3436 yuan/ton, +3.33% weekly) and cold-rolled sheet (3830 yuan/ton, +2.13% weekly) prices rose. Supply saw production recovery, price hikes & reluctance to sell; demand recovery lagged with low restocking; costs supported by strong raw materials.

As of April 22, 2026, medium thick plate (3292 yuan/ton, +3.13% 60d), manganese silicon (5984 yuan/ton, +7.78% 60d), stainless steel plate (13400 yuan/ton, +3.34% 10d), galvanized sheet (4175 yuan/ton, +3.02% 60d) have recent price increases, with related steel manufacturers noted.

Latest galvanized sheet price on April 22nd is 4175.00 yuan/ton, up 3.02% in 60 days; related manufacturers include Hebei Iron & Steel, Bengang Plate, etc.