2025-09-04

Current steel prices remain at a mid-to-low level for the year, and the spot market in September is expected to see a trend of rising prices.


At the beginning of the "Golden September and Silver October" period, after a phase of price surges, multiple commodity prices in the coal, coke, and steel industry chain have adjusted. However, under the industry's consensus to "counter internal competition," market expectations for this year's peak season of infrastructure construction remain optimistic. Since July this year, Steel prices have rebounded from the bottom, with upstream coking coal, and coke prices rising significantly, providing cost support for the strengthening downstream market. According to companies and analysts, driven by the triple factors of favorable macro conditions, demand recovery, and tightened supply, coke prices have strong support. Currently, steel prices are still at a mid-to-low level for the year. The spot market in September is expected to see a trend of rising prices, but attention should also be paid to the implementation effects of macro policies and the degree of demand realization.

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