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South East Asia Steel Markets Report - Week 27 (July 8, 2021)

Read the Kallanish South East Asia Report - Week 28, published 7th July 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: Activity across key Southeast Asian blast furnaces recovered over the last week.
  • Flats: The Vietnamese hot rolled coil import market has weakened and slowed down.
  • Longs: The rebar import market in Singapore is muted, with most suppliers making offers at above buyers’ bids.
  • Semis: Southeast Asian mills continue to actively seek regional export sales.
  • Raw Materials: South Korean mills are still paying a much higher premium for high-grade Japanese scrap.