[SMM Steel] Indonesian Billet’s Price is Still Low

Published: Aug 10, 2026 16:05

Save

[Indonesia] There have been slow market movement regarding the billet as the price ranges from 455 to 458 USD/metric ton FOB. This happen because there are no significant changes in terms of the demand for construction. Previously, this low price might attract the foreigners to buy it, however there is no news about that hence the market is slow from that side as well.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 mins ago

[SMM Steel]

[Sheets & Plates] Today's HRC and some other sheets & plates export prices remained stable day-on-day, with HRC transaction prices at $482-485/mt. Traders reported that today's market transactions and inquiries were mediocre, with no significant increase in volumes.

4 mins ago

[SMM Steel] Malaysia Steel Prices Hold Steady as Long Products Maintain Premium over HRC

[Malaysia] Malaysia’s domestic steel market remained broadly stable, with mainstream local HRC offers at around USD 510/tonne. Rebar base prices stood at approximately USD 537–547/tonne, while wire rod was quoted at around USD 537/tonne. Rebar and wire rod prices remained close, indicating relatively stable long-product pricing, while HRC continued to trade at a noticeable discount. Mill offers showed limited movement, with downstream demand providing little support for broader price increases.

4 mins ago

6 mins ago

[SMM Steel]

[SMM Steel] The market reports that for October shipment, the FOB selling price for cold-rolled coil DC01, size 1.0*1250*C, is $550/mt, with the port of shipment being Tianjin port.

6 mins ago