Data: SHFE, DCE market movement (May 18)

[US] The US domestic HRC EXW price recently climbed 7.5 USD/tonne, pushing it to 1,142.75 USD/tonne EXW. This price level marked the highest since April 25, 2023. As domestic steel mills are currently focused entirely on delivering earlier backlog orders, spot HRC availability in the market is extremely scarce, causing the sharp price surge.

POSCO said Wednesday it streamlined its product line into eight 'strategic steels' run under a new 'One Team' structure that breaks internal divisional silos, with each team handling the full chain from R&D to sales. The eight include stainless steel for next-generation growth markets, PosMAC, high-manganese steel, premium EAF steel, energy heavy plates, electrical steel, GigaSteel and HyperNO. Pohang will anchor energy steels—including high-strength stainless—while Gwangyang focuses on automotive and new-mobility grades. POSCO framed the revamp as a response to rising low-priced imports into Korea and trade barriers abroad, after US tariffs cut its US exports 8% year-on-year, and tied it to Korea's new K-Steel Act—signaling a pivot toward premium specialty products, stainless among them.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 Jun , 2026