China mid-Sep steel prices fall across board

Steel prices in China's circulation market fell across the board in mid-September 2026 from the previous ten-day period, with hot-rolled coil posting the steepest decline, according to data from the National Bureau of Statistics.

The price of hot-rolled coil (4.75-11.5mm, Q235) stood at 3,308.9 yuan/t, down 42.7 yuan/t, or 1.3%, from early September, when it rose 0.8%.

Rebar (Φ20mm, HRB400E) was priced at 3,165.1 yuan/t, down 17.6 yuan/t, or 0.6%, compared with a 1.7% gain in the preceding period.

Wire rod (Φ8-10mm, HPB300) was at 3,353.7 yuan/t, down 13.4 yuan/t, or 0.4%, after rising 1.5% in the previous period.

Medium-thick plate (20mm, Q235) was at 3,548.0 yuan/t, down 16.7 yuan/t, or 0.5%, following a 1.1% increase in the prior period.

Seamless pipe (219*6, 20#) was at 4,022.4 yuan/t, down 4.5 yuan/t, or 0.1%, compared with a 0.4% gain in early September. Angle steel (5#) was at 3,433.1 yuan/t, down 36.7 yuan/t, or 1.1%, after rising 1.0% in the preceding period.

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