[SMM Steel]

Published: Oct 19, 2026 16:32 (GMT+8)

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[Steel Billet] Today, export FOB prices for square billet edged up by USD 1/t, with Jiangyin Port quoting USD 460–465/t. According to market feedback, inquiries have been fairly active of late, including from the Middle East. However, domestic finished steel prices in South and East China are more attractive, prompting mills to prioritize domestic supply, leaving overall trading activity moderate-to-weak.

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