7.15 SMM Global Steel Daily

Published: Jul 15, 2026 18:23

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[Flat products] HRC export deals rise to 488-494 USD/tonne, overseas inquiries lag futures rally

On 15 July, HRC and other flat-product export prices rose 1-2 USD/tonne day-on-day, with HRC deals at 488-494 USD/tonne. Chinese futures rallied for a second session, but with overseas prices holding flat, foreign buyers did not step up inquiries in response to the domestic rally; a few grades saw limited deals as the increase was modest.

[Billet] Export billet FOB up 1-2 USD/tonne, Jiangyin at 458-460 USD/tonne

On 15 July, export billet FOB prices rose 1-2 USD/tonne, with Jiangyin port quoted at 458-460 USD/tonne. Market feedback indicated buyers in Southeast Asia were pushing hard on price, while Chinese mills, mindful of production costs, had limited room to concede, making deals difficult to close.

[Rebar] Rebar export offers up 1 USD/tonne, overseas price pressure keeps deals subdued

On 15 July, rebar export offers edged up 1 USD/tonne. Traders reported that although export quotes tracked the futures gain, overseas buyers continued to press on price, and actual inquiries and deals showed no clear improvement.

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