5.26 SMM Global Steel Daily Report

Published: May 26, 2026 18:34

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China's HRC export prices fell 2 USD/tonne MoM today due to RMB appreciation, with some product categories maintaining relatively firm quotes for now. Futures pulled back today, market inquiries weakened, and traders reported that trading activity was very limited as the Eid al-Adha holiday approached in the Middle East.

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