[SMM Hot Rolled Arrivals] East China arrivals increased significantly this period

Published: Jun 30, 2026 18:49

Save

SMM Steel, June 30 – According to SMM statistics, total estimated shipments of mainstream market resources this week were 174,400 mt, up 4.48% WoW. By market:

Table 1: Mainstream Market Arrivals Comparison

Source: SMM Steel

Shanghai Market: Shanghai Market: Hot-rolled coil shipments in the Shanghai market rose WoW this week. Specifically, shipments from mainstream steel mills in South China rose WoW, while changes in shipments from other markets were relatively small. Looking ahead, recent market transactions have been sluggish, downstream order enthusiasm has been weak, and the shipment pace of steel mills has seen relatively small changes. Next week, Shanghai market shipments are expected to move sideways.

Chart-1: Shanghai Market Arrivals

Source: SMM Steel

Lecong Market: Shipments to the Lecong destination narrowed slightly this week. Specifically, resources from North China continued to show no significant changes, and the two major mainstream resources saw mixed changes but remained at relatively low levels overall. Looking ahead, resources from the north to the south are expected to remain scarce in the short term. For mainstream resources, with one of the steel mills resuming production and short-term export orders being relatively few, more supply may circulate in the Chinese market, so arrivals are expected to increase in the short term.

Chart-2: Lecong Market Arrivals

Source: SMM Steel

SMM releases hot-rolled shipment data for mainstream market flows every Tuesday. To subscribe or follow other data, please scan the QR code below.

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

35 mins ago

Tongling Nonferrous Metals Group Co., Ltd.: Sulphuric acid is a by-product of the company's smelting process, and the operating results of Tongguan Copper Foil are included in the company's consolidated financial statements.

35 mins ago

2 hours ago

6.30 SMM Global Steel Daily Report

China Steel Market: [Flat Products] Flat-product export prices steady, deals remain hard to close HRC and other flat-product export prices held broadly steady today, with HRC deals at 490-500 USD/tonne FOB. Northeastern mills said deals remain hard to close; North China mills offer lower prices, leaving the Northeast less competitive, with only small-lot transactions done. [Billet] Billet export quotes hold steady, Middle East inquiries up slightly but trading mild Billet export quotes were stable today, with workable FOB offers at 463-465 USD/tonne. The market noted that with geopolitics unsettled and strait passage repeatedly disrupted, Middle East inquiries rose slightly, but Chinese export billet offers held no clear edge; wary of future costs, mills showed limited willingness to discount, leaving trading mild. [Rebar] Rebar export quotes steady, some mills curb orders for maintenance Rebar export quotes were stable today, with workable FOB prices at 481-483 USD/tonne. Traders said export inquiries showed no clear change; some mills are under maintenance and deliberately curbing order intake to safeguard domestic supply. Off-season demand and overseas price pressure kept overall trading weak. International Steel Market: [Southeast Asia] Southeast Asia slab exports soften, Indonesian offers cut Southeast Asian slab trading was thin in June and regional export prices kept falling. Indonesian mills cut August-shipment HRCgrade slab offers to 495 USD/tonne FOB, down 15 USD/tonne week-on-week and 20 USD/tonne from early June on weak sales; Vietnamese slab is offered near 510 USD/tonne FOB with limited deals. On imports, Chinese slab recently traded at 510 USD/tonne CFR, with workable levels now no higher than 500 USD/tonne CFR. [European Union] Off-season and policy wait-and-see leave EU HRC hike unlikely EU local steel demand stayed weak on poor weather and extended summer holidays, pressuring HRC prices lower. Some mills quote around 775-781 USD/tonne EXW, but traders report actual deals are lower and vary by region. Earlier rumors that major mills planned a 57-80 USD/tonne hike in July-August look uncertain given current weakness. Buyers are sidelined, waiting for clarity after July 1, with the near-term outlook still under pressure. [India] India HRC prices hold, weak demand caps deals India's domestic HRC trade prices held this week at about 601 USD/tonne EXW in Mumbai and 617 USD/tonne EXW in Chennai. Monsoon-driven weak demand kept buyers restocking only as needed, with supply-chain inventories high. The market awaits mills' July base-price guidance, with any rise seen limited at about 8 USD/tonne. High prices, high stocks and rising Chinese finished-steel imports left sentiment bearish, with weakness possibly lasting through end-October. [United States] Nucor ends rally, US HRC mill price stays elevated Nucor held its HRC price unchanged this week, the first pause since late January, ending a 22-week run of increases. For the week ended June 29, Nucor's HRC was steady at 1245 USD/tonne EXW and California Steel Industries flat at 1300 USD/tonne EXW. Nucor's lead times are typically 3 to 5 weeks. Citing domestic and overseas HRC price trends and strong demand, Nucor still expects a robust HRC market in the coming months.

2 hours ago

3 hours ago

[SMM HRC Daily Trading Volume] Spot HRC trading changed relatively little.

[SMM HRC Daily Trading Volume] On June 30, the total daily HRC trading volume of sample enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) was 12,050 mt, down 740 mt, or 5.9%, DoD, down 12.81% YoY (solar calendar), and down 14.36% YoY (lunar calendar).

3 hours ago