7.10 SMM Global Steel Daily

Published: Jul 10, 2026 18:43

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[Plate/HRC] Plate export prices ease, HRC deals at 488-495 USD/tonne

On 10 July China's HRC and other plate export prices fell 1-2 USD/tonne day on day, with HRC export deals at 488-495 USD/tonne

FOB. A recent slowdown in yuan appreciation pushed prices modestly lower during the week; overseas demand showed no clear

improvement and export order-taking stayed quiet.

[Billet] Export billet FOB steady at 459-462 USD/tonne FOB Jiangyin, order-taking weak

On 10 July China's export billet FOB price held steady, quoted at 459-462 USD/tonne at Jiangyin port. According to market

feedback, although there were inquiries, deal prices in some Southeast Asian import markets were about 10 USD/tonne below

domestic offers; with limited room for concessions, mills' billet export order-taking remained unsatisfactory, with most order

shipments in August-September.

[Rebar] Export rebar prices little changed, typhoon slows southeast-coast shipments

On 10 July, according to market feedback, export rebar prices have shown little movement recently with relatively limited room for

negotiation; typhoon weather has slowed the pace of shipments from southeast coastal areas.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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