[SMM HRC Arrivals] Affected by the typhoon, arrivals in south and east China decreased this week.

Published: Jun 17, 2025 17:50

Source: SMM

Save

SMM Steel News on June 17: According to SMM statistics, the estimated total resource shipments in the mainstream market this week were 227,400 mt, down 28,000 mt WoW from the shipping level last week. By market:

Chart-1: Comparison of Arrivals in Mainstream Markets

Data source: SMM Steel

Shanghai market: This week, shipments in the Shanghai market decreased slightly WoW. Specifically, shipments of north-east China resources decreased WoW, while shipments in markets such as north and south China remained stable. Looking ahead, with HRC prices fluctuating rangebound recently, downstream buyers are cautious and purchasing as needed. Merchants' enthusiasm for ordering is generally low. It is expected that arrivals in Shanghai will remain at a low level in the short term.

Chart-2: Arrivals in the Shanghai Market

Data source: SMM Steel

Lecong market: This week, shipments flowing to Lecong decreased somewhat WoW. Specifically, on the one hand, there were still some arrivals of north China resources this week, but the unloading of some local mainstream resources, DDH and WG, was delayed due to the typhoon, affecting the volume of goods entering the warehouse. Looking ahead, resources gathered at the port last week will be unloaded successively. Although the production of variety steel by WG will decrease somewhat in the middle of the month, overall, arrivals in Lecong will remain at a relatively high level in the short term.

Chart-3: Arrivals in the Lecong Market

Data source: SMM Steel

SMM releases HRC shipment data flowing to mainstream markets every Tuesday. To subscribe or follow more data, please scan the QR code below.

Steel

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

15 hours ago

In the short term, ferrous metals will remain under pressure [SMM Steel Industry Chain Weekly Report]

This week, ferrous metals edged higher before extending their pullback, with coking coal posting the largest decline. At the beginning of the week, the National Development and Reform Commission (NDRC) and other departments issued a notice on launching a three-year campaign for energy conservation and carbon reduction in key industries, and news that the U.S. and Iran were to sign a memorandum of understanding on the 19th improved market sentiment, lifting all ferrous metals. In the latter half of the week, expectations for an eighth round of coke price hikes materialized in the futures market. However, as steel mill profits narrowed further and spot coke had largely priced in the eighth increase, further upside room was limited. Combined with emerging expectations of peak hot metal output, futures began to correct and cost support weakened. Meanwhile, May macro data came in below expectations, dragging the entire ferrous metals complex lower...

15 hours ago

Silicon Metal Futures Fluctuate within a Narrow Range, Spot Market Largely Stable [SMM Silicon Industry Weekly Review]

[Silicon metal futures fluctuate narrowly, spot market largely stable]: Downstream and trader procurement sentiment is cautious, with some users digesting previous low-price inventories. Clients outside China have purchase price expectations lower than current prices, and sentiment for new orders in the market is sluggish. Some users expect to purchase via futures point pricing at around 8,400-8,500 yuan/mt. On the supply side, the increase in operating rates of silicon enterprises in Sichuan and Yunnan during the rainy season is already within expectations, with few new variables in the market. As variables on both supply and demand sides are highly deterministic in the short term, market sentiment in the buyer-seller tug-of-war appears rational. The silicon metal price center is expected to remain near the low end of the range in the near term.

15 hours ago

6.18 SMM Global Steel Daily Report

SMM News Flash: [Steel Billet] Export billet offers fell by 3-4USD/tonne today to around $470/mt. Inquiries from outside China decreased, orders declined, and the actual negotiation margin for transactions was around 5USD/tonne. Market intelligence indicated that Iran recently took orders for billets, offering significant price advantages, which diverted some Middle Eastern orders to Iran. Additionally, billet export prices from some neighboring countries were lower than those in China, so overseas buyers remained cautious in the short term, which would limit export transactions. [Rebar] Rebar export FOB offers edged down by 2USD/tonne today, tracking futures. According to traders, market sentiment was subdued and inquiries were mediocre. Offers for southern China resources were maintained at 520-525USD/tonne, which were relatively high. [HRC] HRC export prices fell by 1-2USD/tonne day-on-day today, with transaction prices at 494-503USD/tonne. Based on current inquiries, market offers remained mostly above 500USD/tonne, with shipment periods from July to August. Some overseas buyers made inquiries, but their target prices were more than 5USD/tonne below offers.

15 hours ago