The current steel price is still at a low level within the year. It is expected that the spot market in September will see a trend of rising prices.

date
04/09/2025
At the beginning of the traditional Chinese high season for gold and silver in September and October, the coal, coke, and steel industry chain experienced a phase of high adjustment in several commodity prices. However, with the consensus in the industry to prevent internal competition, the market's expectations for this year's peak construction season remain positive. Since July this year, steel prices have rebounded from the bottom, and upstream coke and coal prices have significantly increased, providing cost support for the downstream market. According to companies and analysts, supported by macroeconomic benefits, demand recovery, and supply tightening, coke prices are relatively strong. Currently, steel prices are still at a relatively low level for the year, and the spot market in September is expected to experience a trend of rising prices, but attention should also be paid to the effects of macroeconomic policies and the realization of demand.