[SMM Steel]

Published: Aug 7, 2026 16:05

Save

[Sheets & Plates] Today, some export prices of hot-rolled coil and other sheets & plates rose $1/mt DoD, with transaction prices of hot-rolled coil at $482-485/mt. In the second half of the week, China’s futures market continued to rise, and domestic export FOB prices followed suit. However, traders reported that after the price increase, actual transactions were relatively limited, but on the steel mill side, there were cases of traders purchasing against earlier orders.

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

39 mins ago

[China Iron Ore Brief] Iron ore concentrates prices in China may edge down next week.

Prices in China's iron ore concentrates market fell notably this week. From a regional perspective, prices in Tangshan, Qian'an, and Qianxi in Hebei were cut by 15-20 yuan/mt; Chaoyang, Beipiao, and Jianping in western Liaoning edged down by 5-10 yuan/mt; and east China edged down by 5-10 yuan/mt.

39 mins ago

1 hour ago

[SMM Steel] Vietnam Steel Prices Hold Stable as EU Proposes 16% AD Duty on CRC

[Vietnam] Vietnam’s domestic steel market remained broadly stable after major mills raised prices last week. Prices for rebar held at around USD 533.6/tonne, while HRC for August delivery was quoted at USD 556–557/tonne. Rainy-season demand weakness and lower input costs limited further gains, while international prices eased from USD 540/tonne to USD 536/tonne. Meanwhile, the EU proposed a 16% anti-dumping duty on Vietnamese CRC, which could raise export costs and weaken its competitiveness in the EU market.

1 hour ago

Data: SHFE, DCE market movement (Aug 07)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Aug , 2026

1 hour ago