International Changes Affect China's Steel Coil Prices

Overall, infrastructure investment has picked up recently, but the overall recovery of the real estate market is slow, and demand is unlikely to improve significantly. The contradiction between supply and demand has increased, and the deterioration of the global trade environment may aggravate commodity fluctuations. It is expected that steel prices may fluctuate in a range in May, with limited room for both increases and decreases, but the frequency of fluctuations will increase. With the implementation of the Trump administration's "reciprocal tariffs", more and more countries such as the United States, Vietnam, and South Korea are participating in the trade war. The increase in import tariffs has suppressed China's direct and indirect exports of steel, as well as the export of steel products. The oversupply in the domestic steel market is not conducive to the demand for iron ore. In addition, from the perspective of the release time of iron ore production capacity, it will all occur in the second half of 2025. In summary, as time goes by, the iron ore supply increases and the demand decreases, and the price center moves downward. It is expected that the price of color-coated steel coils will fall between 30 and 50 yuan per ton this week.