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MONTHLY: Rising supply to weigh on China's HRC market in June

Source: Mysteel Jun 04, 2025 17:00
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Flat Products Demand Price Supply
After a volatile May in which domestic prices of hot rolled coils (HRC) enjoyed a brief uptick before ending the month at a 13-month low, June will likely see prices decline further but at a more sedate pace, Mysteel's latest monthly report on the commodity suggests, with supply-side growth becoming a more obvious worrying factor.
Although the de-escalation of trade tensions between China and the U.S. in mid-May had given a lift to sentiment in China's steel market, weakened end-user demand for steel products as summer was approaching eventually impacted the market for hot coils last month, the report observed.   By May 30, China's spot price

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