Recently, the domestic market for cold-rolled and hot-Rolled Coil has shown some improvement, with prices of cold-rolled and hot-rolled coil fluctuating slightly and rising. At present, steel traders generally hold a cautious attitude towards the future market situation. It is expected that in the short term, the cold-rolled and hot-rolled coil markets will mainly experience minor fluctuations and adjustments.

          In mid-August, the price of hot-rolled coil in the Shanghai market rose by 40 yuan per ton, and that of cold-rolled coil increased by 30 yuan per ton. Due to the recent strengthening expectations of "anti-internal competition" and capacity control, coupled with the recovery of steel raw material and fuel prices, steel prices have received new support.

          During this period, the trading situation in the cold-rolled and hot-rolled coil markets has improved somewhat. Although end users remain relatively cautious in their purchases and mainly rely on essential needs, the intensity of demand has increased and the release speed has accelerated." In terms of the market trend of cold-rolled and hot-rolled coil in the later period, the impetus for the continued rise in the prices of cold-rolled and hot-rolled coil in the short term is insufficient, and the steel prices have risen too fast in a short period of time. There may be a risk of a downward turn in the later period.

          At present, the market for cold-rolled and hot-rolled coil plates is still in a pattern of "strong supply and weak demand". Data from the China Iron and Steel Association shows that in the first ten days of August, the average daily output of crude steel by key statistical steel enterprises reached 2.074 million tons, increasing by 4.7% month-on-month and 3.6% year-on-year. The average daily output of steel products from key statistical steel enterprises reached 2.005 million tons, a decrease of 4.1% compared with the previous ten days and an increase of 9% compared with the same period last year. The average daily output of pig iron from key steel enterprises reached 1.914 million tons, increasing by 3.2% month-on-month and 3.9% year-on-year over the past ten days. Meanwhile, the steel inventory of steel enterprises is also increasing. Data shows that in the first ten days of August, the steel inventory of key statistical steel enterprises reached 15.07 million tons, an increase of 290,000 tons compared with the previous ten days, representing a growth rate of 2%. Steel production and inventory of steel enterprises have both increased, leading to more resources being put on the market, and the "strong supply" pattern remains.

          Meanwhile, there has been no significant change in the market's "weak demand" pattern. Recently, the production and sales situation of the manufacturing industry, which consumes a large amount of cold and hot-rolled coil, has been poor. In terms of automobiles, data from the China Passenger Car Market Information Association shows that in the first ten days of August, the national passenger car market retail volume reached 452,000 units, a year-on-year decrease of 4%. In terms of household appliances, the output of household appliances has also declined. According to the production schedule of home appliance enterprises in September, the production of air conditioners is scheduled to be 5.625 million units, a year-on-year decrease of 7.8%. Export production was scheduled for 5.025 million units, a year-on-year decrease of 16.6%. Air conditioner exports have shown a significant downward trend due to the end of the overseas replenishment cycle, tariff policies and geopolitical risks. In addition, the growth rate of refrigerator exports has also begun to slow down, mainly due to the fact that the restocking demand in the European market is coming to an end. The growth rate of washing machine exports has slowed down since the third quarter, and it is expected that the export volume will decrease within the year. Based on this, it is expected that the demand for cold and hot-rolled coil plates in the home appliance manufacturing industry will decrease in the later period.

          Under the pattern of "strong supply and weak demand", the prices of cold-rolled and hot-rolled coil plates are more likely to fall than rise. Considering that the prices of steel raw materials and fuels have increased during this period, the room for the prices of cold-rolled and hot-rolled coil plates to fall is limited. On August 13th, some coke enterprises in certain regions initiated the seventh round of coke price hikes, with the cumulative increase in domestic coke prices reaching 300 to 330 yuan per ton. The price of scrap steel has continued to show a strong upward trend, with a cumulative increase of 10 to 30 yuan per ton. The imported iron ore market rose first and then declined. The quoted price of 61.5%PB powder at Qingdao Port in Shandong Province was 772 yuan per ton, up 1 yuan per ton compared with the previous week.

          When the prices of raw materials and fuels for steel are supported, steel enterprises generally adopt a price-holding approach when introducing policies on the ex-factory prices of steel products. The prices of cold-rolled and hot-rolled coil plates that will be put on the market later will also rise. This determines that the prices of cold-rolled and hot-rolled coil plates will not fall significantly in the future and will mainly operate in a consolidated manner.