Hot Rolled Coil (HRC) and all major FOB benchmark prices held flat day-over-day, with Wire Rod, Rebar, and Cold Rolled Coil unchanged across the board. The only upward signal came from Prestressed Steel, which rose 0.8% to $943.81/t, while Boiler & Pressure Vessel Plate posted no prior-day comparison reference.
With FOB benchmarks flat, ocean freight and duty structure now dominate landed-cost variance. Buyers should model transport and tariff shifts rather than chase margin from base price movement.
| Product | FOB Vector | Recommended Action | |
|---|---|---|---|
| HRC 2.75mm | Flat | Evaluate freight delta before committing | Landed Cost Calculator |
| Rebar φ10 | Flat | Hold; no basis expansion | — |
| Prestressed Steel | +0.8% | Fast-track decision before further drift | — |
Long-product buyers (rebar, wire rod, section steel): *Hold & Monitor.* Flat pricing removes urgency; lock volume at current levels on favorable freight windows.
Flat-product buyers (HRC, CRC, plate): *Hold & Monitor.* No FOB expansion to exploit; use the RFQ Gateway to benchmark against competing mill offers.
Industrial steel buyers (prestressed, boiler plate): *Strong Buy Window on prestressed* — the 0.8% move warrants prompt execution. For boiler plate, request quotes through RFQ Gateway given the lack of prior-day anchor.
| Product | Spot USD | FOB | Vietnam | Philippines | Thailand | Indonesia | Malaysia |
|---|---|---|---|---|---|---|---|
| High Speed Wire Rod | $562 ¥3780 | $573.72 | $602 | $606 | $604 | $609 | $607 |
| Rebar | $543 ¥3650 | $554.4 | $582 | $586 | $584 | $589 | $587 |
| Spiral Rebar | $597 ¥4020 | $609.39 | $637 | $641 | $639 | $644 | $642 |
| Hot Rolled Coil | $531 ¥3570 | $542.51 | $571 | $575 | $573 | $578 | $576 |
| Cold Rolled Coil | $592 ¥3980 | $603.45 | $631 | $635 | $633 | $638 | $636 |
| Medium Plate | $597 ¥4020 | $609.39 | $637 | $641 | $639 | $644 | $642 |
| Angle Steel | $522 ¥3510 | $533.59 | $562 | $566 | $564 | $569 | $567 |
| Channel Steel | $525 ¥3530 | $536.56 | $565 | $569 | $567 | $572 | $570 |