June 23, 2025, Strait blockade vs. steel plant resumption of production: Steel price game heats up

On June 22, local time, Kusari, a member of the National Security Committee of the Iranian Parliament, said that the Iranian Parliament has concluded that the Strait of Hormuz should be closed, but the final decision is in the hands of the Iranian Supreme National Security Committee; the resumption of steel production increased last week.

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On June 20, 2025, the spot market remained stable and the futures market diverged! Rebar iron ore rose slightly, and coke and coke fell slightly.

On June 19, the spot steel market was mainly stable, and the main varieties in the futures market rose and fell, among which rebar and hot-rolled coil rose by 0.13%, iron ore rose by 0.43%, and coke fell by about 0.12%.

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On April 28, 2025, Policy Expectations Vs. Demand Will Peak! There Are Only 3 Days Left Until The Pre-Holiday Stock Replenishment! How Will Steel Prices Move…

On April 27th, the domestic steel market as a whole showed an upward trend. Boosted by the significant strengthening of steel futures in the night trading session on Friday, most steel mills raised their quotations the next day, leading to a strong bullish sentiment in the market and a general rebound in spot prices.

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On April 27, 2025, Rumors Of Production Control Suddenly Emerged. How Long Can The False Heat In Steel Prices Last?

This week, the black market maintained a low-level fluctuation, with a differentiated pattern among varieties: After the first round of increase and decrease of coke prices, the downward trend of the market slowed down and turned to fluctuation.

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On April 25, 2025, A Sudden Change Of Face! Tariff Disturbance + Steel Mills’ Price Adjustment Game: Is The “One-Day Tour” Of Steel Prices A Warning?

On April 24th, the spot market for steel rose slightly, but the main varieties in the futures market showed mixed results. Rebar, hot-rolled coil and iron ore fell slightly by about 0.2%, while coking coal and coke closed up 0.84% and 1.56% respectively.

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On April 24, 2025, Trump Made A Major Tariff Reversal! Steel Billet Prices Soared By 50 Yuan In A Single Day! Has The Clarion Call For A Counterattack On Steel Prices Sounded?

On April 23rd, the domestic steel spot market rose slightly, while the main varieties in the futures market all rose. Among them, the main contracts of rebar and hot-rolled coil increased by nearly 1.5%, iron ore and coking coal rose by more than 2%, and coke performed strongly, rising by more than 3%.

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Will The Sharp Decline Come To An End On April 22, 2025? Steel Futures Soar And Steel Mills Raise Prices Intensively. Will Steel Prices Bottom Out And Rebound?

On April 21st, the steel futures and spot markets recovered simultaneously. The spot price remained stable with a slight increase, while the main futures varieties rebounded across the board.

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