Analysis Of Price Trends For Color-Coated Steel Coils

Factors Influencing Pre-painted Steel Coil Prices This Week:
1. Macro Environment: Expectations of a further escalation in the external geopolitical situation next week continue to lend support to energy prices; however, domestic macro-level progress remains slow, resulting in an overall cautious market sentiment. Consequently, prices for pre-painted steel coils declined by RMB 20–40 this week.
2. Supply Side: Hot metal output rebounded by 29,000 tons to reach 2.31 million tons. Meanwhile, the combined output of the "Big Five" steel product categories saw a slight decrease of 2,400 tons, settling at 8.3958 million tons, indicating that overall production levels remain stable.
3. Demand Side: Total inventory for the "Big Five" steel categories fell by 483,900 tons to 18.9784 million tons. Apparent demand rebounded by 194,900 tons to 8.8797 million tons, and it is anticipated that apparent demand will continue to trend upward in the coming period.
4. Raw Materials: Influenced by international geopolitical dynamics and exchange rate fluctuations, iron ore prices are trading at elevated levels, though they face significant overhead resistance. Coking coal and coke prices are bolstered by the broader energy market context; however, spot prices are currently under pressure, suggesting that the overall support provided by the raw materials sector remains moderate.