[Plate/HRC] Today HRC and other flat-product export prices were flat day on day, with HRC deal prices at 486-491 USD/tonne. Overseas markets still saw no clearpick-up in volume and remained largely wait-and-see; some domestic traders selling short were able to secure a certain amount of volume.
[Billet] Today export billet FOB prices were steady, with Jiangyin quoted at 457-459 USD/tonne. It is understood that the current international situation is unstableand a partial strait blockade in the Middle East has weighed somewhat on steel exports, with most Middle-East buyers taking a wait-and-see stance pendinggreater clarity. Meanwhile domestic billet export offers held no clear competitive edge, making deals hard to close.
[Rebar] Today Tianjin rebar export prices were steady, with deals at 479-484 USD/tonne. Market participants reported ordinary inquiries; some South-China millsquoted rebar exports on the high side at 510 USD/tonne FOB, but the high offers struggled to clear.

![[SMM Analysis]China-Indonesia Steel Price Spread Inverted, Overseas Demand Still Shows No Improvement](https://imgqn.smm.cn/usercenter/wSpkX20251217171718.png)


