Data: SHFE, DCE market movement (Aug 14)

[SMM Steel] According to market feedback, for end-September shipment, the FOB selling price of DC51D+Z40/40 cold-rolled base galvanizing with specifications of 1.0*1250*C was $550/mt, and the loading port was Bayuquan.

South Korean steel producer Hyundai Steel has signed a cooperation agreement with global classification and certification body DNV to improve performance verification for steel products used in the energy sector and strengthen international certification infrastructure. Signed August 10 in Busan, the MoU covers joint development of testing methods to verify steel and welded-joint performance under real ship operating and energy storage conditions, with the goal of aligning evaluation standards internationally. Hyundai Steel will handle testing and material R&D, while DNV contributes certification expertise and standards consulting

South Korean steel casting producer Hankook Steel has received a new order worth KRW 2.6 billion from Samsung Heavy Industries for large-scale steel castings to be used in shipbuilding, covering heavy casting components for hull structures across roughly 12 vessels. The order falls under a KRW 11.7 billion framework agreement signed in December 2025 for 47 vessels including LNG carriers and container ships; with prior orders of KRW 3.7 billion (Dec 2025) and KRW 3.1 billion (Apr 2026), total confirmed contracts under the framework now reach KRW 9.4 billion. Hankook's order backlog is up about 30% versus end-2025.