According to Mysteel, average prices increased across major steel products. As of September 24, rebar was up 2.6%, hot-rolled coil 1.4%, plate 1.7% and cold-rolled steel 0.9%. Monthly averages also rose for major raw materials, led by a 20% increase for coke and 16.8% for coking coal; scrap gained 0.8% and iron ore edged up 0.2%.
MetalMate summary of the linked evidenceCommercial context
The combination of modest finished-steel gains and much sharper increases in coke and coking-coal prices suggests pressure on mill margins where higher raw-material costs cannot be passed through. The index’s year-on-year decline also indicates that the monthly improvement did not fully reverse broader price weakness.
MetalMate analysis- September 2026 steel price index: 771.23, up 1.42% month on month and down 1.49% year on year, according to Mysteel.
- Steel prices rose and then fell during September, while their monthly average increased, Mysteel said.
- As of September 24, average rebar, hot-rolled coil, plate and cold-rolled steel prices were up 2.6%, 1.4%, 1.7% and 0.9%, respectively.
- Monthly average raw-material prices increased: coke by 20%, coking coal by 16.8%, scrap by 0.8% and iron ore by 0.2%.
Monitor whether finished-steel prices can absorb the substantially larger increases in coke and coking-coal costs, and whether the late-September price retreat continues. The product-price figures were measured only through September 24 and therefore were not final full-month readings.
Source & methodology +
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- Article status
- Published · Version 1
- Source date
- 6 October 2026
- MetalMate publication
- 7 October 2026
- Verification
- Automated evidence checks; not human reviewed
Mysteel：9月大宗商品价格指数上涨，后期或高位回落 — Mysteel / 我的钢铁网
MetalMate provides an English summary; consult the original wording.