Price Trends Of Color-coated Steel Coils Under International Dynamics

Influencing Factors: 1. Macroeconomic Environment: Next week, the macroeconomic landscape enters a "period of contention." The tug-of-war in the external geopolitical situation has led to a sharp surge in ocean freight rates, directly impacting client costs; consequently, prices for color-coated steel coils fluctuated within a range of 20–30 RMB this week. 2. Supply Side: Hot metal output declined by 63,900 tons to 2.212 million tons; conversely, the output of the "Big Five" steel product categories increased by 237,300 tons to 8.2097 million tons. Production is gradually recovering, and following the conclusion of the "Two Sessions," supply is expected to continue its upward trend. 3. Demand Side: Total inventory for the "Big Five" steel categories rose by 228,900 tons to 19.7489 million tons, while apparent demand rebounded by 1.0673 million tons to 7.9808 million tons; apparent demand is projected to continue increasing in the coming period. 4. Raw Materials: Iron ore prices remain supported in the short term-influenced by ongoing negotiations regarding "imported ores"-though the market simultaneously faces pressure from underlying fundamentals. Spot prices for coal and coke remained largely stable with limited fluctuation, indicating that support from the raw materials sector remains intact. As the Jingtian factory specializes in exporting PPGI, PPGL, GI, and GL products, please do not hesitate to contact us if you have any purchasing requirements.