Market situation in China: As of December 4, 2025, the price of galvanized steel coils in China was 4,670 yuan per ton. Converted at an exchange rate of 7.03 US dollars, it was approximately 640 US dollars per ton. The price has dropped by approximately 10 yuan per ton compared to before. The data also indicates that the demand for steel in downstream industries such as construction and home appliances is weak: Taking the data from North China and South China as an example, the price is higher in North China because the local inventory is relatively low. The prices in the southern region are relatively low because there is an abundant supply and the demand has decreased.
Data from the international market: The price of galvanized steel coils remains at $600 – $750 per ton, but the price of galvanized steel coils used for automotive purposes can reach $700 – $900 per ton. This also indicates that the prices of steel coils with different quality standards vary.
Europe imposed anti-dumping measures on Chinese products, so the price can reach 800 – 1000 euros per ton under the influence of taxes.
In North America, due to supply chain bottlenecks, the price remains at 900 – 1100 US dollars per ton.
Price Drivers. Raw Material Costs:
Prices of zinc (a core coating material) have spiked to 3,200–3,400/ton (LME average) which has led to more expensive galvanizing coils fabrication costs. Iron ore and coking coal cost elasticity is volatile hence creates uncertainty for the margins of steel mills.
Supply-Demand Balance:
China’s steel production of 2025 will be 1.24 billion tons, and galvanized coil capacity will grow by 5% YoY. Weak downstream demand (e.g., property sector slump) however has driven inventories up by 12% YoY as of November 2025. World demand is expected to grow at 3–4% in 2026, as renewable energy infrastructure (for example solar panel frames) and production of electric vehicles (EVs) are driven by the demand.
Trade Policies:
The EU’s extended anti-dumping duty on Chinese galvanized coils (until 2027) still restricts European exports. The U.S. Infrastructure Investment and Jobs Act is increasing domestic demand but also raising competition for raw materials.
Generate local price tables (e.g., “Galvanized Coil Price Comparison in Europe compared to Asia”) with historical figures and future projections.
“As of December 2025, galvanized coil prices in Southeast Asia (e.g., Vietnam and Malaysia) average 650–720/ton, 10% lower than in Europe due to lower anti-dumping duties and freight costs.”
Data Sources:
Mysteel, SMM, Gold Investment Network (China)