7.14 SMM Global Steel Daily Report

Published: Jul 14, 2026 18:32

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China Steel Export:

[Flat products] Raw-material news lifts HRC export deals up 1 USD

On July 14 China's HRC and other flat-product export prices rose 1 USD/tonne day on day, with HRC export deals at 486-492

USD/tonne FOB. Futures climbed quickly in the afternoon on raw-material headlines, but market feedback showed no clear pickup

in actual enquiries or deals, with overseas markets still needing time to react. Some northern mills said heavy rainstorms kept

them from issuing offers today, which may affect subsequent shipments.

[Billet] Billet export FOB steady, Jiangyin at 456-459 USD

On July 14 China's billet export FOB prices were largely steady, with Jiangyin port quoted at 456-459 USD/tonne. Market feedback

indicated shipment slots generally booked into September, with a few orders pushed to October. China's price advantage versus

Southeast Asia, India and Iran has narrowed, making high-priced Chinese export cargoes hard to sell, while mills showed limited

appetite to take new orders, saying prices were unattractive.

[Rebar] Rebar export offers steady, afternoon enquiries improve

On July 14 China's rebar export offers held steady, with workable FOB prices at 480-485 USD/tonne. Market participants said

futures rose in the afternoon, enquiries improved somewhat, and some traders concluded small volumes.

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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