[SMM Steel]

Published: Jul 8, 2026 17:16

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[Sheets & Plates] Today, export prices for HRC and other sheets & plates remained stable DoD, with HRC transaction prices at $489-497/mt. Although futures edged up, most believe the uptick lacks sustainability, keeping market participants reluctant to adjust prices. Today, futures rallied, leading to some improvement in inquiries, but actual transactions reportedly improved little. Meanwhile, renewed US-Iran tensions mean inquiries from the region are unlikely to see a significant improvement.

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