[EMR Resumes Scrap Shredder Operations in Camden]

[Sheets & Plates] Today, export prices for hot-rolled coil and other sheets & plates remained stable day on day, with HRC transaction prices at $488-494/mt. Some markets outside China believe that current domestic offers have not yet bottomed out, and they remain mainly on the sidelines.

[SMM Steel] Market feedback indicates that for September shipment, the FOB price of Q235B medium-thickness plates, specifications 14-30mm, was settled at $530/mt, shipped from Jingtang Port, destined for Africa, with a trading volume of approximately 200 mt.

Taiwan's cold-rolled steel imports reached 102,000 tonnes in June, with Chinese products accounting for 98,000 tonnes. Market participants estimate that 1B grade steel made up at least 80% of these shipments. Although anti-dumping concerns deter buyers from standard CQ1 materials, transactions concentrate heavily on 1B grade instead. Domestic consumption in China is weak because of sluggish home appliance and automotive manufacturing. Although China's new energy vehicle exports rose by 65% to 5.1 million units in the first half of 2026, steel mills reported lower-than-expected cold-rolled order volumes. Exporters report stagnant international activity, noting a prolonged absence of cold-rolled export deals amid frozen global inquiries.