[SMM Steel] Malaysia HRC Price Edges Higher Despite Weak Downstream Demand

Published: Aug 19, 2026 16:51

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[Malaysia] Malaysia’s domestic HRC transaction price was heard at around USD 519/tonne EXW, up by about USD 5/tonne from roughly USD 514/tonne last week. Despite the modest increase, market participants reported continued weak downstream demand for both HRC and CRC, with transaction volumes remaining low. Buyers are still purchasing mainly on a need-to-use basis, keeping overall market activity subdued.

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