8.18 SMM Global Steel Daily

Published: Aug 18, 2026 17:50

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[Flat products]Today HRC and some other flat-product export prices were steady day on day, with HRC transactions at 484-487 USD/tonne. Export prices have

stabilised and rebounded in recent days and the market reports an increase in overseas enquiries, but buyers remain largely on the sidelines and actual deals have

shown no clear improvement.

[Billet]Today billet export FOB prices were steady, with Jiangyin port offers at 448-454 USD/tonne and order shipments mostly concentrated in October. According

to market feedback, export prices are currently quoted mainly on a basis and have limited room to fall further, while overseas demand is driven by immediate needs

and enquiry-to-deal conversion was ordinary.

[Rebar]Today rebar export offers at Tianjin port were steady, with overall transactions at 472-477 USD/tonne. According to exporters, market enquiries were

reasonable today and some mills received enquiries from the Dubai area. On deals, recent bookings have been mostly in small lots with no clear pick-up in volume,

for September-October shipment

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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