[SMM Steel]

Published: Aug 27, 2026 16:28

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[Steel Billet] Today, FOB export prices for square billets rose slightly by USD 1–2/t, with quotations at Jiangyin Port at USD 458–464/t. According to feedback, export-oriented steel mills are facing continuously rising production costs and show a strong intention to hold prices firm. However, overseas demand remains mediocre, and buyers' expected price levels have not risen in tandem, making deals difficult to conclude.

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