In April, Baowu Steel's ex-factory price remained unchanged on the basis of March. The main reason for the flat price this time is that the consumption increase is general. After the price rebounds, the terminal restocking momentum decreases; secondly, the future export orders of the manufacturing industry corresponding to the market after the tariff increase have decreased, forcing the expectation of a reduction in procurement volume. In addition, the steel mills were affected by maintenance in March and April, which will reduce the market supply. This is also the core reason why the steel mills have not actively reduced prices after the decline in procurement expectations. From the perspective of varieties, cold series orders and export orders have declined to a certain extent. Secondly, hot series domestic orders have a round of restocking after the New Year. In the case of inventory, their willingness to continue to restock has decreased. Therefore, under the background of reduction, consumer orders have also weakened simultaneously, which is also the core reason for maintaining prices without rising or falling and remaining flat.

In terms of price adjustment, the base price of thick plate remains unchanged; the base price of hot-rolled steel remains unchanged; the base price of pickling steel remains unchanged; the base price of non-oriented silicon steel remains unchanged; the base price of ordinary cold-rolled steel remains unchanged; the base price of hot-dip galvanized steel remains unchanged; the base price of electro-galvanized steel remains unchanged; the base price of aluminum-zinc-aluminum-magnesium steel remains unchanged; the base price of high-aluminum-zinc-aluminum-magnesium steel remains unchanged; the base price of aluminum-zinc-plated steel remains unchanged; and the base price of color-coated steel remains unchanged.

Compared with March, the speed of steel mills accepting orders in April has declined. The main reason for the decline is that there has been no obvious recovery in the orders on hand. On the contrary, in the case of short-term inventory, it has brought a greater impact on the enthusiasm for purchasing. From the perspective of order types, domestic orders have not changed much, but overseas orders have increased in the short term, which also resulted in no obvious short-term increase after the purchase last month. However, from the perspective of domestic and foreign consumption, rigid demand consumption is resilient, but the growth momentum is not obvious, and overseas export prices have not rebounded significantly. This also led to the formation of a shock adjustment structure for steel prices, with export prices as the upper limit and strong purchasing willingness at the domestic cost line.