WHAT HAPPENED

According to Mysteel, average prices for rebar, hot-rolled coil and cold-rolled coil declined, while medium plate edged up. Raw-material trends diverged: average coking-coal prices rose, while coke and iron ore declined. The wider MyBCIC commodity index rose, contrasting with steel’s decline.

MetalMate summary of the linked evidence
WHY IT MATTERS

Commercial context

Commercially, the broad weakness in finished-steel averages indicates continued pricing pressure, particularly for rebar and hot-rolled coil. At the same time, higher coking-coal prices alongside cheaper coke and iron ore create a mixed cost environment for mills rather than a uniform change in input costs.

MetalMate analysis
KEY DETAILS
  • Steel price index: declined in August.
  • Monthly price pattern: an initial decline followed by a recovery.
  • Finished steel: rebar, hot-rolled coil and cold-rolled coil declined; medium plate edged up.
  • Raw materials: coking coal rose; coke and iron ore declined.
  • Broader MyBCIC commodity index: 1123.34, up 0.86% month on month.
WHAT TO WATCH

Watch whether the late-August steel-price recovery persists, whether rebar and hot-rolled coil close their performance gap with medium plate, and how the divergence between coking coal, coke and iron ore affects mill margins and pricing decisions. Mysteel’s market analysis is not a confirmed market outcome or decision advice.

Source & methodology +

MetalMate separates original-source evidence from summary and analysis. Verify the original source before procurement, legal or engineering decisions.

Article status
Published · Version 1
Source date
5 September 2026
MetalMate publication
27 September 2026
Verification
Automated evidence checks; not human reviewed

Mysteel:8月大宗商品价格指数止跌反弹,后期或仍有上涨空间 — Mysteel / 我的钢铁网
MetalMate provides an English summary; consult the original wording.