1. How much is the price of steel?
- **China (Dominant Producer & Consumer):**
- Rebar (construction steel): **~3,130 CNY/ton** (≈$432 USD).
- Hot-rolled coil (industrial use): **~3,160 CNY/ton** (≈$436 USD).
- General carbon steel average: **~3,617 CNY/ton** (≈$499 USD; Jan-May 2025 average, down 12.3% YoY).
- **United States:**
- **$984 USD/ton** (March 2025), significantly higher than Europe ($690) and China ($392).
- **Stainless Steel 304 (China):**
- Cold-rolled: **19,200–19,300 CNY/ton** (≈$2,650–$2,665 USD).
- Hot-rolled: **19,200–19,400 CNY/ton** (≈$2,650–$2,680 USD).
2. **Is the Price Falling?**
**Yes, prices are declining in most global markets due to:**
- **Weak Demand:**
- China's property slump reduced steel consumption to an 8-year low.
- Global manufacturing slowdown (e.g., European demand "already low").
- **Oversupply:**
- Chinese crude steel output rose 0.4% YoY (Jan-Apr 2025), while inventories remain elevated.
- **Cost Reductions:**
- Iron ore fell to **<$95/ton** (June 2025), and coking coal prices dropped 32.8% YoY.
- **Trade Pressures:**
- Trump's new **50% U.S. steel tariff** (effective June 4, 2025) may deepen global oversupply by diverting exports to Europe/Asia, further depressing prices outside the U.S..
*Exceptions:* U.S. prices rose 16% after earlier tariffs, and the new 50% levy may push them higher short-term.
3.How much is 1 ton of steel?
- **Carbon Steel:**
- China: **~3.16–4.36 CNY/kg** (≈$0.44–$0.60 USD/kg).
- U.S.: **~$0.98 USD/kg**.
- **Stainless Steel 304:**
- China: **19.2–19.4 CNY/kg** (≈**$2.65–$2.68 USD/kg**).
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4.What is the price of steel 304 per kg?
- **Downside Risks:** Weak global demand, high inventories, and U.S. tariffs may prolong price declines.
- **Potential Supports:** Chinese policy stimulus (e.g., fiscal deficit expansion) or accelerated industry consolidation ("supply-side optimization") could stabilize prices.
5.How much is 1kg of steel?
| **Region/Type** | **Price (USD)** | **Price (CNY)** | **Trend** |
| **China Rebar** | $432 | 3,130 | ↓ Falling |
| **China Hot-Rolled** | $436 | 3,160 | ↓ Falling |
| **US General Steel** | $984 | - | ↑ Rising (tariffs)|
| **Europe Steel** | $690 | - | ↓ Falling |
| **304 Stainless (CN)** | $2,650-$2,680 | 19,200-19,400 | ↔️ Mixed
