[Steel Billet]

Published: Sep 23, 2026 16:38 (GMT+8)
[Steel Billet] FOB export prices of square billets are steady for the day, with quotations at Jiangyin Port ranging from USD 465–470/tonne. Shipping schedules for export orders are mainly for November. Market surveys indicate exporters are inclined to offer discounts, with slightly wider room for price concessions. However, overseas demand shows divergence. Construction activity in some markets remains sluggish, which prevents a notable pickup in purchasing demand, leading to mediocre transaction 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.

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