[SMM Nickel Flash News] SMM reported on August 4 that the pre-payment prices for TISCO (Shandong) Xinhai's 304 HRC this week (7.28-7.31) were 12,800 yuan/mt for standard width and 13,300 yuan/mt for wide width, representing an increase of 100 yuan/mt compared to the previous week. The final settlement prices were 12,350 yuan/mt (for 5-foot width) and 12,550 yuan/mt (for wide width), unchanged from the settlement prices of the previous week.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.