In June, the CRU International Steel Composite Price Index was 161.8 points, down 8.3 points month-on-month, or 4.9%, a decrease of 2.2 percentage points from the previous month; a year-on-year decrease of 32.8 points, a decrease of 16.9%.

The prices of long products and plates continued to decline, and the price of plates fell more than that of long products. In June, the CRU long product index was 179.7 points, down 3.1 points from the previous month, down 1.7%, and the chain was narrowed by 1.0 percentage points. The CRU sheet index was 152.9 points, down 10.8 points from the previous month, down 6.6%, and the chain was increased by 3.8 points. The percentage point is 4.9 percentage points lower than the long product price index. Compared with the same period of last year, the CRU long product index fell by 15.8 points, a decrease of 8.1%; the CRU plate index fell by 41.3 points, a decrease of 21.3%.

Prices in North America, Europe and Asia continue to fall, and the decline has increased. In the North American market, in June, the CRU North American steel price index was 166.3 points, a decrease of 14.9 points from the previous month, a decrease of 8.2%, and a decrease of 2.9 percentage points from the previous month. In June, the US manufacturing PMI (Purchasing Managers Index) was 51.7%, down 0.4 percentage points from the previous month. Among them, the new order index was 50.0%, down 2.7 percentage points from the previous month. In June, the ex-factory prices of US Midwest mills continued to decline. Except for the decrease in the price of steel sections, which was narrower than that in May, the price declines of other types of steel products increased from the previous month.

In the European market, in June, the CRU European steel price index was 171.5 points, a decrease of 6.0 points from the previous month, a decrease of 3.4%, and a decrease of 1.5 percentage points from the previous month. In June, the final value of manufacturing PMI in the Eurozone was 47.6%, down 0.1 percentage points from the previous month and worsening for the fifth consecutive month. The German manufacturing PMI was 45.0%, the Italian manufacturing PMI was 48.4%, and the Spanish manufacturing PMI was 47.9%. Both are below the 50% level; the French manufacturing PMI is 51.9%, up 1.3 percentage points from the previous month. In June, the prices of wire rods and plate in the German market increased from the downward trend. The prices of small-size, section and cold-rolled coils narrowed, and the prices of steel bars, hot-rolled coils and hot-dip galvanized sheets decreased.

In the Asian market, in June, the CRU Asian steel price index was 153.7 points, a decrease of 5.7 points from the previous month, a decrease of 3.6%, and a decrease of 1.9 percentage points from the previous month. In June, Japan's manufacturing PMI was 49.3%, down 0.3 percentage points from the previous month; Korea's manufacturing PMI was 47.5%, down 0.9 percentage points from the previous month; China's manufacturing PMI was 49.4%, unchanged from the previous month. In June, the prices of steel bars, small materials, section steels and plate in the Far East market remained stable, wire prices went up and down, and prices of hot rolled coils, cold rolled coils and hot dip galvanized sheets declined.