Data: SHFE, DCE market movement (Aug 07)

Published: Aug 07, 2026 16:14 (GMT+8)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Aug , 2026

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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[India Domestic] India’s domestic steel and scrap prices mostly declined day-to-day, reflecting a broadly weaker market trend. Cautious buying and limited demand kept prices under pressure, while trading activity remained subdued as buyers focused mainly on immediate requirements rather than fresh restocking. HMS 1&2 (80:20) down 2 USD/tonne (200 INR/tonne) day-to-day to 405 USD/tonne (39,200 INR/tonne) delivered Mandi. Melting down 10 USD/tonne (1,000 INR/tonne) to 386 USD/tonne (37,300 INR/tonne) ex-yard Alang. PDRI sponge iron down 2 USD/tonne (200 INR/tonne) to 304 USD/tonne (29,400 INR/tonne) EXW Raipur. Mandi ingot edged down 2 USD/tonne (200 INR/tonne) to 497 USD/tonne (48,100 INR/tonne) EXW Mandi. Billet down 1 USD/tonne (100 INR/tonne) to 471 USD/tonne (45,600 INR/tonne) EXW Raipur. Raipur rebar unchanged 548 USD/tonne (53,000 INR/tonne) EXW Raipur.
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