8.5 SMM Global Steel Daily

Published: Aug 5, 2026 17:22

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[Flat Products] Today some HRC and other flat-product export prices rose 1 USD/tonne day on day, with HRC transaction prices at 480-483 USD/tonne. Enquiries

and concluded business have diverged somewhat of late: in deep-sea markets, with low domestic prices, enquiries and deals increased compared with the previous period;

in nearby markets, however, competitors' offers were also low, leaving no clear price advantage and trading still sluggish.

[Billet] Today billet export FOB prices were steady, with Jiangyin port offers at 448-455 USD/tonne. According to feedback, exporters have limited room to lower offers

further, while overseas buyers showed little enthusiasm for enquiries and business was ordinary.

[Rebar] Today rebar export offers at Tianjin port were steady, with overall transaction prices at 474-480 USD/tonne. According to exporters, overseas enquiries improved

slightly today, but current offers remain some distance from the levels buyers will actually accept, and overall trading was relatively limited.

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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