Read the Kallanish South East Asia Report - Week 20, published 13th May 2021.  This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region.  Additionally, the production section includes brand new data series monitoring hot metal production activity in the region at the blast furnace level.

• Production: Blast furnaces at the start of May were operating at slightly below the Q1 average in Malaysia, but higher in Indonesia, while output in Vietnam was higher only because of the commissioning of the new BF at Dung Quat earlier this year.
• Flats: The Vietnamese hot rolled coil market continues to fire upwards after the Labour Day holiday. Certain suppliers raised offer prices by another $20-30/tonne after iron ore leapt past $200/t on 6 May.
• Longs: Suppliers continue to hike prices in East Asia’s long product import markets. Firm raw materials prices and strong market sentiment continue to drive values higher. 
• Semis: The Chinese billet import market notched even higher at the end of the week. However, billet importers in Southeast Asia are staying on the sidelines as prices escalate on bullish sentiment. 
• Raw Materials: Ferrous scrap prices have soared globally alongside the surge in iron ore prices. Vietnamese import markets were quiet due to the holiday, but prices have been ticking higher.