Shanghai, June 6, 2025 – China’s Ministry of Commerce (MOC) reported a marginal decline in the country’s average finished steel prices during the week of May 26 to June 1. Key steel products, including hot-rolled steel strip, high-speed wire rod, and rebar, saw price drops of 1.9%, 1.8%, and 1.4%, respectively, compared to the previous week.
The downward trend also extended to coal prices, with coking coal, smoke-free lump coal, and thermal coal experiencing slight decreases of 0.8%, 0.1%, and 0.1% week on week. The minor dip in steel and coal prices reflects subdued demand and stable supply conditions in the domestic market.
Analysts suggest the decline aligns with seasonal adjustments and cautious industrial activity. However, market observers remain watchful for potential policy interventions or shifts in infrastructure spending that could influence future price movements.
As China continues to balance industrial output with economic targets, fluctuations in raw material costs remain a key indicator of broader market trends. The MOC will release further updates as new data becomes available.
