Daily Steel Prices, Spot Prices, News and Steel Suppliers in China Steel Market

Today marks the first week after the Spring Festival holiday. Domestic ferrous metals prices fluctuated upwards, and overall market sentiment improved.

28/02/2026

Shanxi Gaoyi Steel 1200mm Full Continuous Wide Strip Rolling Line Successfully Completes Hot Commissioning Test

The successful one-time hot commissioning test of Shanxi Gaoyi Steel's annual 3-million-ton 1200mm full continuous wide strip rolling line marks a solid step in the enterprise's transformation and upgrading towards manufacturing-grade steel. The production line integrates high-end, intelligent, and green technologies, opening a new chapter in improving the industrial chain and enhancing market competitiveness.

26/02/2026

CISA Reported that in Mid-February, Social Steel Inventory Reached 9.53 Million Tons

CISA reported that in mid-February, social steel inventory reached 9.53 million tons, up 22% month-on-month.

Short news

Short news about prices, stocks, news on the Chinese steel market

28/02 17:10

On February 28, the price of cold work die steels in Shanghai remained stable. Cr12MoV (AISI D2) Baosteel Φ14-90 (hot rolling) 2216.16 (USD/ton)

28/02 17:07

On February 28, the price of cold-rolled stainless steel sheet in Foshan did not fluctuate significantly. 304/2B Delong 1.46*1219*2438mm 69.69, up 1.31. (USD/sheet)

28/02 17:06

On February 28, the price of stainless steel strip coil in Foshan remained stable with a slight increase. 201 J3/NO.1 Baosteel 3.0*1010 (hot rolled, slit edge) 1086.21; 304/NO.1 Dingxin 3.0*485-730 (hot rolled, slit edge) 2041.20, up 14.58. (USD/ton)

28/02 17:06

On February 28, the price of prestressed steel strand in Jinan remained stable. 1860MPa Qingdao Ruisong 12.7mm steel: $644.44 (USD/ton)

28/02 17:05

On February 28, the price of 300 series hot-rolled stainless steel coil in Wuxi has increased slightly. 321/NO.1 TISCO 3.0*1520*C (mill edge) 2442.15, up 14.58. (USD/ton)

28/02 17:03

On February 28, the price of seamless stainless steel pipes in Hangzhou remained stable. TP304 (304) Zhengye Φ108*4mm 2376.54 (USD/ton)

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Answers

What are the advantages of using hot-dip galvanized materials in manufacturing?

26/02/2026 17:30:54

Differences between Weld Neck Flanges and slip on Flanges?

12/02/2026 17:36:46

Our company intends to purchase a large quantity of bend pipes. The first order will be a small sample order. If the quality is good, I believe we will continue to purchase in large quantities. Please help me find a reliable supplier.

09/02/2026 15:47:45

What are the advantages of hot-dip galvanized materials?

09/02/2026 17:35:42