【SMM Steel】Morocco to extend safeguard measure on hot rolled coil imports for three years

According to new retail market monitoring data from AVC (All View Cloud), in April 2026, the total monitored retail volume of major home appliance categories reached 597,000 units, up 5.5% YoY, with total retail revenue of 1.62 billion yuan, up 8.4% YoY. Among the major categories in April, those with YoY increases in sales revenue included kitchen appliance packages (72.2%), color TVs (31.5%), electric storage water heaters (26.3%), refrigerators (24.4%), washing machines (17.9%), freezers (7.2%), rice cookers (6.3%), and gas water heaters (2.8%). Categories with YoY declines included induction cookers (6.4%), range hoods (9.9%), air conditioners (11.1%), electric fans (17.9%), gas stoves (32.7%), and electric pressure cookers (63.2%).

[Turkey] Recently, Turkish long steel giant Kardemir launched a new round of billet sales. By slightly lowering its list prices, the company rapidly attracted a large volume of domestic orders and subsequently closed the sale. The company offered S235JR grade billets at 530 USD/tonne (EXW), a decrease of 5 USD/tonne from the previous round, while B420 grade billets were priced at 540 USD/tonne (EXW), down by 10 USD/tonne.

Today, the DCE Iron ore futures showed a weak trend today. The most-traded contract I2609 closed at 809.5 yuan/mt, down 0.67% from the previous trading session. Port spot prices fell 2-5 yuan from the previous day. Traders showed moderate enthusiasm in offering quotes; steel mills purchased as needed; overall spot transaction activity was relatively tepid.