[SMM Steel]

Published: Aug 31, 2026 16:29

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[Steel billet] Today, the export FOB price of billet edged up by $4/mt, with Jiangyin Port quoted at $465–470/mt. According to feedback, the recent increase in billet export offers was larger than that of some overseas exporters, and its price advantage was relatively weak, especially in the Southeast Asian market, where it was difficult to compete. By contrast, some deep-sea orders were received.

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