[SMM Zhangjiagang Hot-Rolled Coil Inventory] The decline in Zhangjiagang inventory slowed down.

Market feedback indicates that the current FOB price for SAE1006 HRC is $510/mt, with the shipment port being Bayuquan, the destination country being Southeast Asia, and the trading volume being approximately 200 mt.

[Slab] Today, HRC export prices fell by USD 1/tonne day-on-day, with HRC transaction prices at USD 492–501/tonne. Other flat steel prices were also lowered by USD 1–2/tonne. Although domestic export offers continued to decline, traders said overseas demand has not shown any clear recovery. [Rebar] Today, rebar export FOB prices edged down by USD 1/tonne. Market participants reported that enquiries remained relatively muted, with no significant improvement in transactions. Participants continued to adopt a wait-and-see stance. [Billet] Today, export billet offers remained weak but stable, currently quoted at USD 465–468/tonne. Market feedback indicated that Southeast Asia is currently in its traditional demand off-season, while buyers in the Middle East largely remained on the sidelines. Overseas customers showed limited willingness to place orders, and domestic export offers still lacked a clear competitive advantage, leaving transactions generally moderate.