8.10 SMM Global Steel Daily

Published: Aug 10, 2026 18:07

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[Flat Products] Today some HRC and other flat-product export prices were steady day on day, with HRC transaction prices at 482-485 USD/tonne. Traders

reported that trading and enquiries were fairly muted today, with no clear pick-up in volume.

[Billet] Today billet export FOB prices were steady to soft, with Jiangyin port offers at 450-455 USD/tonne. According to feedback, billet export enquiries

increased slightly today, but competition is fierce and buyers are pressing their target prices down hard, making deals difficult to conclude.

[Rebar] Today rebar export offers at Tianjin port were steady, with overall transaction prices at 474-480 USD/tonne. According to exporters, enquiries from

overseas traders for rebar, wire rod and coil improved slightly today, but the market's acceptance of higher prices is low and there is a strong inclination to bargain

down, leaving trading weak.

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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