Carbon steel price

4210 yuan/ton

‌ The current price of carbon steel is 4210 yuan/ton ‌ with the date of October 23rd, 2024 ‌1.

Recently, carbon steel prices have shown a certain trend of fluctuation. Taking October 21 as an example, the average price of 45# carbon-bonded steel 85mm in key domestic cities was 3920 yuan/ton, down 3 yuan from the previous trading day. In addition, some steel mills have also issued price adjustment policies, such as Zhongtian Iron and Steel, Huai Steel and Shagang Yongxing and other enterprises have reduced the ex-factory price of special steel. These changes reflect the current market demand and supply of carbon steel.

There are various factors affecting the price of carbon steel, mainly including the following aspects:

Market demand: Market demand is one of the key factors determining the price of carbon steel. When the market demand increases, the price of carbon steel tends to rise; On the other hand, if the market demand decreases, the price may fall. This change in the supply and demand relationship directly affects the market performance of carbon steel.

Production cost: Production cost is also an important factor affecting the price of carbon steel. Changes in raw material costs (such as iron ore, coal, etc.) and energy costs (such as electricity, natural gas, etc.) will have an impact on the production cost of carbon steel, which in turn affects its final selling price. For example, if the price of raw materials rises, then the cost of producing carbon steel will also increase accordingly, resulting in an increase in carbon steel prices.

Policy adjustments: Government policy adjustments will also have an impact on carbon steel prices. Environmental protection policies, tax policies, etc., may change the production cost of enterprises or the market environment, thus affecting the price of carbon steel. For example, strict environmental policies may lead to some capacity constraints, which will push up carbon steel prices; Tax incentives may reduce the operating costs of enterprises and help stabilize carbon steel prices.

International market: Changes in the international market are also an important factor affecting the price of domestic carbon steel. Fluctuations in the price of imported raw materials and changes in the international trade situation will have an impact on the domestic carbon steel market. For example, if the international price of iron ore rises, then the production cost of domestic carbon steel will also increase accordingly, which will push up the price of carbon steel.

Carbon steel prices are affected by a combination of factors. Users can predict and judge the future trend of carbon steel prices according to the changes in these factors. However, it is important to note that due to the complexity and uncertainty of the market environment, any forecast carries certain risks. Therefore, when making investment decisions, we should fully consider various possible risk factors and act with caution.