[SMM Steel] Indian state-owned steelmaker RINL issued a new export tender for 30,000 mt of prime continuous cast steel billets in SAE-1008, SAE-1010, and SAE-1018 grades. The tender covers 150×150 mm billets on an FOB stowed basis, with shipment scheduled by July 20, 2026. The minimum bidding volume is 10,000 mt, while bids must be submitted by May 27 and remain valid until June 1. Payment terms require irrevocable sight letters of credit.

[SMM Steel] Indian state-owned steelmaker RINL issued a global export tender for 60,000 mt of prime continuous cast steel billets on an FOB stowed basis, with shipment required by July 20, 2026. The tender covers 3SP and 4SP billets in 150x150 mm and 200x200 mm sizes. Buyers must submit bids by May 26, with offers valid until May 30. The minimum bidding volume is 30,000 mt, with additional quantities allowed in 5,000 mt multiples. Payments will be conducted through irrevocable sight letter of credit terms.

Against the backdrop of accelerating global energy transition and digital economy development, silver—a strategic metal possessing both industrial and financial attributes—is witnessing profound transformation across its industry chain. On one hand, demand for silver from emerging sectors such as PV, NEVs, and 5G communications continues to climb, driving the industry toward higher value-added and greener upgrades; on the other hand, resource constraints, technological barriers, and market fluctuations impose higher requirements on industry chain resilience, urgently calling for innovation-driven coordinated development across the entire chain. Dual Drivers of Policy and Market Under China's "dual carbon" goals and the global ESG investment wave, the silver industry faces pressing demands for green production, recycling, and low-carbon technologies. The NDRC's "14th Five-Year Plan for Circular Economy Development" explicitly calls for strengthening the recycling of precious metal resources, while international silver price fluctuations and geopolitical risks are compelling enterprises to enhance supply chain autonomy and controllability. Against this backdrop, the Silver Industry Chain Innovation Conference emerged, aiming to build a collaborative platform integrating government, industry, academia, research, and end-use applications, to address industry pain points, and to lead the industry toward high-end, intelligent, and internationalized development. Innovation Demands and Industry Pain Points Technological Breakthroughs: Silver purification processes, nano-silver material applications, and scrap recycling technologies urgently need breakthroughs to meet the demand for high-purity, low-cost silver in emerging fields such as PV silver paste and flexible electronics. Industry Chain Coordination: Information barriers exist across mining, smelting and processing, and end-use applications, requiring digital tools to achieve optimized resource allocation and risk sharing. Green Transformation: Traditional smelting processes are energy-intensive and highly polluting, necessitating the promotion of clean production technologies and circular economy models in response to global carbon neutrality commitments. Market Expansion: Silver's application potential in frontier fields such as hydrogen energy and quantum computing has not been fully explored, requiring strengthened cross-industry cooperation and standard-setting. Conference Objectives and Value Themed "Silver Chain Innovation · Intelligent Creation for the Future," this conference brings together global silver industry chain leaders, research institutions, financial institutions, and policymakers for in-depth dialogue around three core topics: technological R&D, supply chain optimization, and market expansion. Through releasing industry white papers, establishing innovation alliances, and signing major projects, the conference aims to drive the silver industry's transformation from "resource dependence" to "technology leadership," providing critical material support for the global energy revolution and digital economy. Shanxi Jinwu Energy Co., Ltd. will attend this grand event, joining industry peers to discuss industry development trends and work together to propel the silver industry to new heights. Click to register now. Join us to witness and participate in this remarkable and far-reaching industry event, and together create a brilliant new chapter! Shanxi Jinwu Energy Co., Ltd. is a production-oriented enterprise integrating R&D, production, sales, and services, with an annual production capacity of 200kt of high-end foundry briquette coal (briquette coke) and 200kt of carbon products (carburizers). Located in Huayu Town, Jishan County, Shanxi Province, the company was established in October 2005, with a registered capital of 68 million yuan, covering an area of over 300 mu, and employing more than 500 people. Over the years, the company has adhered to the mission and business philosophy of "Products reflect character, quality is life, aligning with the world, and creating international brands." The company has obtained 6 national invention patents and 31 utility model patents, passed the ISO triple management system certification, and is recognized as a Shanxi Province high-tech new-type enterprise, a "Single Champion in High-end Foundry Briquette Coal" enterprise, and a national-level specialized, refined, distinctive, and innovative "Little Giant" enterprise. Foundry briquette coal (briquette coke) was an encouraged project under the national " 12th Five-Year Plan" and "13th Five-Year Plan. " This technology was a domestic first and world-leading innovation, fully aligned with the "Six New " strategy proposed by the state, and is a typical representative of carbon-based new materials. After more than a decade of dedicated R&D, the company broke through technical bottlenecks and successfully developed the environmentally friendly Ash-8 and Ash-10-series "Jinwu" brand high-end foundry briquette coal (briquette coke), produced with anthracite as the primary raw material . This product features high fixed carbon, high strength, high calorific value, excellent hot metal carburizing effect, and high coke reactivity strength. The products have long been leading both international and Chinese markets. Internationally, the products are exported to Germany, Japan, South Korea, and other countries, and the company is a long-term supplier to world-renowned enterprises such as Toyota and Hyundai. Domestic sales cover 18 provinces and cities, and the company is a strategic partner of well-known enterprises including Meide Group, LONGi Group, Binglun Group, and Sanhuan Group. "Jinwu" brand foundry briquette coal (briquette coke) has become an essential raw material for high-end equipment manufacturing and was awarded the honorary title of "Quality Foundry Material" by the China Foundry Association. "Jinwu " brand carburizer is produced using high-quality anthracite and petroleum coke as the primary raw materials. Carburizers can be used in steel mills and foundries to adjust the carbon and oxygen content of molten steel, modifying its rigidity and toughness, thereby enhancing the nucleation capability of molten steel and the intrinsic quality of steel billets. It is an indispensable auxiliary additive for producing high-quality steel and castings. The products have long been leading both international and Chinese markets. Internationally, products are exported to Japan, South Korea, and various Southeast Asian countries; domestically, the sales network covers more than 20 provinces and cities, with partner steel enterprises including Zhejiang Tsingshan Steel, Jiangsu Binxin Steel, Xuzhou Steel, Jinnan Steel, and other well-known steel enterprises. Contact Information 15582980888 15333598563 Long press to scan the code and register now 2026 SMM (7th) Silver Industry Chain Innovation Conference

China Steel billet export prices continued to decline today, falling by about 3-4 USD/tonne, with 3SP 150*150mm FOB quotes at 472-475 USD/tonne. It was learned that as export billet prices continued to fall, wait-and-see sentiment was strong in the market. Meanwhile, some steel billet export mills had maintenance plans and were cautious in taking orders to ensure supply for the Chinese market.

China's steel billet exports performed strongly in Q1 2026, showing a continuous growth trend. According to data from the General Administration of Customs, China's steel billet exports in March 2026 reached 1.53 million mt, up 66.0% MoM and up 47.9% YoY, hitting a record high for a single month in the same period in recent years.

HRC] HRC export prices edged down 1 $/mt DoD today, with quotes still fluctuating around 510 USD/tonne. According to market feedback, buyers outside China still showed limited acceptance of current prices, with strong wait-and-see sentiment and cautious actual transactions. [Rebar] Rebar FOB prices edged down today, declining 1 $/mt. According to traders, recent inquiry activity at northern ports was moderate, with average transaction volumes; quotes at South China ports remained firm, with some steel mills offering export prices at 520 $/mt, while high-priced resources saw sluggish transactions. [Steel Billet] Steel billet 3SP 150*150mm FOB quotes edged down 1-2 $/mt today, with prices around 483 USD/tonne. Market sources indicated that there were export inquiries for steel billet, but overall feedback suggested current prices were on the high side, with limited acceptance from ex-China clients and average transaction performance.