1. Price trend

According to the commodity market analysis system of SunSirs, the price of color-coated sheets fell slightly this month. The market price of color-coated sheets on May 1 was 6,650 RMB/ton; on May 30, the price was 6,633 RMB/ton. The average price of color-coated sheets this month fell by 0.255% from the price at the beginning of the month and rose by 0.759% from the same period last year.

2. Analysis and comment

Galvanized sheets: The price of galvanized sheets fell slightly this month, and the price fell in a step-by-step manner. The price of galvanized sheets was 4,292 RMB/ton on May 1, and 4,142 RMB/ton on May 30, a 3.49% drop from the beginning of the month and a 16.57% drop from the same period last year. The downstream demand of the coating and plating market was tepid, and the market transaction was weak.

Data from the General Administration of Customs show that in April 2025, 8,100 tons of coated sheets and strips were imported, a year-on-year decrease of 40.95%. From January to April, my country's total imports of coated sheets and strips totaled 24,600 tons, a year-on-year decrease of 26.45%. In May 2025, 895,000 tons of coated sheets and strips were exported, a year-on-year increase of 32.52%. From January to April 2025, my country's total exports of coated sheets and strips totaled 3,046,100 tons, a year-on-year increase of 32.5%.

From January to April 2025, my country's total imports of coated sheets and strips totaled 24,600 tons, a year-on-year decrease of 26.45%. Since February, the import volume has dropped sharply, and the import volume of color-coated sheets and strips has dropped sharply in these three months. A large part of the reason is that the unit price of imported color-coated sheets and strips has risen sharply. In February, the average export price of color-coated sheets and strips per ton was US$1,874.85/ton, which was also the highest value of the year.

After the resumption of work after the Spring Festival in March, the import volume also increased month-on-month, and the year-on-year price also fell to US$1,269.87/ton, but it also maintained a relatively high price of US$1,479.82/ton in April. On the one hand, the United States implemented a new tariff policy in April 2025, levying a unified 10% base tariff on all imported goods from all countries and superimposing it on the existing tariffs, which may affect the cost of importing color-coated coils from the United States. On the other hand, international trade frictions continue, and some countries have launched anti-dumping and other trade relief investigations against Chinese steel products, which may lead to changes in the trade pattern and indirectly affect the import source and quantity of color-coated coils.

3. Outlook for the Future

In May, the supply and demand of the construction steel market continued to pick up, and inventories continued to decline, but the steel price was not satisfactory, and the price continued to fluctuate and weaken in the first three weeks. The contradiction between supply and demand is still relatively prominent, and steel prices have failed to continue to rise. Prices in some markets have weakened again this month.

Considering the arrival of the off-season, although the costs of most factories continue to rise, the psychological state of shipment continues, and the quotations are high and firm. Most domestic facilities are operating normally this month, production and sales are not yet balanced, and inventory is slightly accumulated. It is expected that the price of color-coated sheets will remain basically stable in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.