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Kallanish South East Asia Steel Markets Report - Week 44 - 2021

Kallanish South East Asia Steel Markets Report - Week 44 - 2021 (Nov. 1, 2021)

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Read the Kallanish South East Asia Report - Week 44, published 1st November 2021. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

  • Flats: Vietnam’s hot rolled coil importers were cautious during the past week because of the downturn in the Chinese steel market. 
  • Longs: The rebar import markets in Singapore and Hong Kong were quiet during the past week.
  • Semis: East Asian billet import markets have mostly softened over the past week.
  • Raw Materials: Taiwanese scrap prices reached a record high last week on the recovery of global scrap demand and prices.

Latest prices

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OCTG P110 Pipe 5.5" diameter / N America FOB USD/s.ton 0.0%
Welded Tubes & Pipes / N America Ex-Works USD/s.ton -4.0%
Wire Rod / China FOB USD/t 0.0%
E40 Shredded Scrap / India / CFR USD/t -1.0%
HMS 80:20 Scrap (West Africa origin) / India / CFR USD/t 0.0%
E1 Heavy Demolition Scrap / Italy Delivered Basis EUR/t -1.0%
Wire Rod / SE Asia CFR USD/t -2.0%
Rebar / Turkey FOB USD/t -0.0%
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More Global Prices

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Rebar / Turkey / ex-Works / $/t / excl. VAT -4.4%
HMS 1/2 Scrap / Taiwan CFR USD/t -2.0%
KORE 62% Fe / Qingdao CFR USD/t 0.02%
Shredded Scrap / Turkey / CFR USD/t -0.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
Heavy Scrap / China / CNY/t 0.0%
Wire Rod / N Europe / Ex-Works EUR/t 0.0%
HMS 1&2 80:20 / Turkey CFR USD/t -0.0%
Merchant Bar / Italy Ex-Works EUR/t 1.0%
KORE 65% Fe / Qingdao CFR USD/t -0.04%
Welded Pipe (S235) / Turkey FOB USD/t -2.0%
Rebar / Singapore CFR USD/t -1.0%
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