China Steel Futures Price in May 2023

On April 10th, Baosteel, Angang Steel and Benxi Steel announced the steel product price policy for May 2023 on the basis of the “Steel Price Policy for April 2023”. Below are details:

1. Hot-rolled steel

The base price remains unchanged.

2.  Medium and thick plates

The base price remains unchanged.

3. Pickled steel

The base price remains unchanged.

4. Cold rolled steel

The base price remains unchanged.

5. Hot-dip galvanized steel

The base price remains unchanged.

6. Electrogalvanized steel

The base price remains unchanged.

7. Galvalume steel

The base price remains unchanged.

8. Zinc-aluminum-magnesium steel

The base price remains unchanged.

9. Prepainted steel

The base price remains unchanged.

10. Steel wires

The base price remains unchanged.

According to the price policy, the steel price in China in May is basically the same as that in April. On April 10th, th steel product prices fell slightly (20-50 RMB) or or remained stable. It is time to place your order if your purchasing period is approaching. Welcome to contact us for more details!