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Kallanish South East Asia Steel Markets Report - Week 47

Kallanish South East Asia Steel Markets Report - Week 47 (Nov. 22, 2021)

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Read the Kallanish South East Asia Report - Week 47, published 222nd November 2021. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

Flats: Vietnamese hot rolled coil market sentiment is weak as traders continue to pre-sell cargoes. 

Longs: The ASEAN import markets for construction long products showed signs of improved trading activity last week. 

Semis: Low-priced deals for diverted Chinese billet cargoes continue to weigh down Southeast Asian billet import markets.

Raw Materials: The Taiwanese scrap market has continued to fall on a weak local steel market. 

Latest prices

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Rebar in Coil / Shanghai FOT CNY/t 1.0%
HRC / China FOB USD/t 1.0%
Rebar / N Europe Ex-Works EUR/t 1.0%
HDG / N Europe Ex-Works EUR/t 0.0%
HRC / China FOT Warehouse CNY/t 1.0%
Quasi-First Grade Coke / fot Rizhao Port CNY/t -1.0%
Low sulphur coking coal / ex-works Anze CNY/t -3.0%
HRC / N Europe Ex-Works EUR/t 0.0%
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More Global Prices

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Billet / Tangshan Ex-Works CNY/t -1.0%
KORE 65% Fe / Qingdao CFR USD/t 0.79%
High Speed Wire Rod / Shanghai FOT CNY/t 1.0%
Billet / Manila CFR USD/t -1.0%
HDG / China FOT CNY/t 0.0%
Rebar / China FOT Warehouse CNY/t 0.0%
CRC / N Europe Ex-Works EUR/t 0.0%
Wire Rod / Turkey FOB USD/t -1.0%
KORE 62% Fe / Qingdao CFR USD/t 1.14%
Lvliang Quasi-first coke CNY/t ex-works -3.0%
E40 Shredded Scrap / Pakistan / CFR USD/t -2.0%
Coking coal / Australia FOB / USD/t -0.33%
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