[SMM Steel]

Published: Sep 17, 2026 16:14

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[Steel Billet] Domestic billet export FOB prices edged up by $1/mt today, with Jiangyin Port quotations at $465–470/mt. According to market research, domestic steel mills have limited room for price concessions given cost concerns. As overseas demand gradually increases, buyers' acceptance of export prices has improved somewhat, and transactions have improved slightly from the previous period.

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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