American steel market: generally stable. The benchmark steel price index of 142.6 in the region was flat on a week-on-week basis, and the month-on-month ratio was flat, up 30% year-on-year (same as before), up 28.1% year-on-year.

Flat material: market prices fell slightly. In the United States, flat steel prices have fallen steadily. Mid-month. The ex-factory price of hot-rolled coils was US$925/ton, down US$10/ton from the end of last month. The ex-factory price of cold-rolled coils was $1030/ton, down $20/ton. The standard thick plate ex-factory price is $1080/ton, which is roughly the same as last month. In terms of imports, in early October, the US import price of hot rolled coils was $800/tonne (CIF), down $25/ton from the end of last month. The import price of cold rolled coils was US$950/ton, down US$20/ton. The import price of standard thick plates is 945 US dollars / ton, which is the same as the previous period. In Brazil, in September, Brazilian plate imports were 114,196 tons, down 22.98% year-on-year. Among them, the import volume from China was 71,175 tons, a significant decrease of 30.4% year-on-year. Insiders said that China's high domestic prices and the fluctuation of Brazilian local currency have hindered Brazil's steel imports from China in recent months. Also, due to the decline in the import of sheet metal, local steel mills tried to increase the price of domestic steel, but basically did not gain market recognition. At present, the import price of hot-dip galvanizing in South America is still between 690-710 US dollars / ton (CFR).

For long products: market prices are mixed. In the United States, the price of rebar imported in major regions is US$761/ton (CIF includes handling fee), wire rods are US$832/tonne (CIF), and small sections are 728 yuan/tonne (CIF), which are generally the same as before. However, domestic mechanical and standard tube prices and imported steel pipe prices continue to fall. Some market analysts said that the main reason is that non-Korean steel pipe suppliers are competing with each other. Some American electric resistance welded steel mills said that their customers have long asked for mechanical pipes to cut prices, but US steel mills have been hesitating. At present, the US domestic A513 mechanical pipe price is 1,800-1,210 US dollars / ton (factory), down 20 US dollars / ton compared with the same period last month. Some insiders pointed out that the market demand for standard pipe is inconsistent with the dynamic performance of the structure and mechanical pipe market, and the performance of base materials varies. In Brazil, due to the lack of imported rebar in Brazil in September, the Brazilian rebar resources were very tight. To this end, Brazilian steel mills plan to increase rebar prices. At present, the price of Brazilian rebar is 705-727 US dollars / ton, up 10-15 US dollars / ton from the previous period.

In terms of trade relations: (1) On October 4, the Mexican Ministry of Economic Affairs issued a notice in the official daily newspaper stating that the anti-dumping affirmative final ruling on the fine wire originating from China decided to impose an anti-dumping duty of 0.57 US dollars/kg on the products involved. The resolution came into effect on the day following the release; (2) On October 5, the US Department of Commerce issued a notice stating that the third anti-dumping rapid sunset review of concrete reinforcement imported from China, Belarus, Indonesia, Latvia, Moldova, Poland and Ukraine Final ruling: If the current anti-dumping measures are abolished, the dumping of products involved in China, Belarus, Indonesia, Latvia, Moldova, Poland, and Ukraine will be 133.00%, 114.53%, 71.01%, 16.99%, 232.86%, 52.07%, and 41.69%, respectively. The dumping margin continues or reoccurs.

Brief summary: According to the operating situation combined with the fundamental situation, the recent US steel market may be oscillating downward trend.