5.27 SMM Global Steel Daily Report

Published: May 27, 2026 18:57

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SMM News Flash: [India] Indian HRC SAE1006 export offers to Vietnam remained relatively competitive at 573–580 USD/tonne CFR for August shipments. Suppliers continued adopting flexible pricing strategies amid weak regional demand and cautious buyer sentiment. Market activity remained subdued, with buyers maintaining a wait-and-see approach despite softer offers.

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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