[SMM Steel]

Published: Sep 2, 2026 16:33

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[Steel billet] Today, the FOB export price of square billet fell by $1-2/mt, with offers at Jiangyin Port at $463-468/mt. According to market feedback, current export billet orders are mostly scheduled for October shipment, with a small portion in November. In terms of transactions, China's prices are relatively high, and the market is dominated by a wait-and-see sentiment, resulting in overall mediocre transaction performance.

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