【SMM Steel】HADEED expands flat steel output with IDOM's help

[Unclear Price Trend, GO Silicon Steel Prices Likely to Remain in the Doldrums Next Week] This week, the cold-rolled grain-oriented silicon steel market generally remained in the doldrums, with a steady market pace and no wild price swings. Overall, it exhibited a trend of "slight softening amid stability and mediocre trading." According to market feedback, HRC futures fluctuated downward this week, rising first before falling. Affected by this, some traders adopted a cautious stance and slightly lowered their quotes to stimulate shipments, though the adjustments were limited. Currently, the overall trading atmosphere in the market is tepid, with end-user procurement pace slowing down. Most downstream buyers replenished stocks based on immediate needs, while speculative demand remained sluggish. Overall trading volume showed no significant improvement compared to last week.

On the 6th, HRC quotations in major domestic markets mostly held steady. Export prices remained stable.

【SMM Steel】Since CBAM entered its tax phase on Jan 1, 2026, goods are held at EU ports due to clearance issues. Importers must be registered CBAM declarants. Common problems: missing declarant status, wrong CBAM codes, no emission data. Non-compliant goods are blocked. CBAM is now a trade access condition. Firms must register, use correct codes, track the 50-ton annual exemption, and set up carbon reporting. While importers are legally responsible, exporters face shipment delays and lost trust. CBAM compliance is key for steel, aluminum, and fastener exports to the EU.