NEWS
From January to June in the first half of 2025, the national price of galvanized sheet coils showed an overall downward trend, albeit a gradual one, without the dramatic ups and downs of previous years. From 4,171 yuan/ton at the beginning of January to 3,918 yuan/ton at the end of June, the price dropped by 253 yuan/ton, representing a difference of nearly 1,000 yuan/ton compared to the same period last year.
From a capacity perspective, overall supply remained relatively stable, with manufacturers maintaining a roughly 60% utilization rate in the first half of the year. Regarding imports and exports, exports of galvanized sheet continued to climb, exceeding the same period last year, from January to March. The decline began to ease in April and May, but remained above the same period last year. Both the supply and demand sides are facing pressure, and with domestic demand remaining unfulfilled, prices are likely to continue their downward trend.
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Comparing the price trends of galvanized coil over the past four years reveals two key points. First, this year's overall price remains at a four-year low, falling by 253 yuan/ton from 4,171 yuan/ton at the beginning of January to 3,918 yuan/ton at the end of June. The average price for January-June was 4,068 yuan/ton, down 919 yuan/ton from 4,987 yuan/ton last year. Second, the price trend in the first half of the year was relatively stable. Although prices continued to decline, there were no significant surges or declines like in previous years. The high-low price difference in the first half of 2024 was 243 yuan/ton, the high-low price difference in the first half of 2023 was 343 yuan/ton, and the high-low price difference in the first half of 2022 reached 612 yuan/ton.
With the exception of 2022, which saw a more pronounced price fluctuation in the first half of the past four years, the price fluctuations in the remaining years were relatively similar. The impact of tariff increases in the second half of the year may be reflected in export volume, and steel mills may face pressure on terminal orders in July and August. Without a large-scale reduction in supply, the increase in spot resources in the market will have an impact on spot prices.
As a steel export company established in 2008, GNEE STEEL continues to optimize its product lines and service processes. With a team of over 200 employees and a service network covering over 160 countries, the continued trust of over 8,000 customers is the driving force behind our continued progress.
