Data: SHFE, DCE market movement (Sep 09)

India's Shyam Metalics and Energy reported carbon steel flat-product sales of 29,262tonnes in August 2026, up 114.1% year on year and 42.8% month on month. Average realisation rose 13.9% year on year to 82,395INR/tonne. Carbon steel long-product sales reached 142,897tonnes, up 2.8% year on year, while metallics sales increased 28% to 334,957tonnes. The company's flat-product segment includes CR coils and sheets, crash barriers and HR tubes and pipes.

The Court of Justice of the European Union has dismissed appeals by Turkish steelmakers Çolakoğlu Metalurji and the Erdemir group against EU anti-dumping duties on certain hot-rolled flat steel products from Türkiye. The September 3 rulings leave in place duties of 7.3% on Çolakoğlu and 5% on the Erdemir group, imposed under the EU's 2021 regulation. The European Commission separately launched an expiry review of the measures in July 2026.

[Steel Billet] Today, FOB export prices for square billets held steady for now, with quotations at Jiangyin Port at USD 460–465/t, and order shipments concentrated in October–November. It is understood that offers in some overseas markets have risen, widening the price spread between domestic and export billets. However, buyers currently have limited acceptance of high price levels, and most prefer to stay on the sidelines for now.