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Kallanish South East Asia Steel Markets Report - Week 3

Kallanish South East Asia Steel Markets Report - Week 3 (Jan. 17, 2022)

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Read the Kallanish South East Asia Report - Week 3, published 17th January 2022. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

Flats: Vietnamese hot rolled coil users are turning to new domestic HRC allocations...

Longs: Southeast Asian import markets for wire rod and rebar saw hiked offers last week amid rising raw materials costs and the firmer Chinese steel market...

Semis: Buying interest for imported billet in Southeast Asia remains depressed...

Raw Materials: The Taiwanese scrap market has turned downwards. Electric arc furnace mill Feng Hsin Iron & Steel has cut its rebar offers by TWD 400/t but kept scrap purchasing prices unchanged...

Latest prices

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CRC / N America Ex-Works USD/s.ton -4.0%
HRC / N America Ex-Works USD/s.ton -1.0%
Plate / N America Ex-Works USD/s.ton 0.0%
HRC / Italy Ex-Works EUR/t 0.0%
Rebar / Turkey FOB USD/t -0.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
HRC / S Europe CIF EUR/t 0.0%
HDG / Italy Ex-Works EUR/t 1.0%
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More Global Prices

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E3 Demolition Scrap / Italy Delivered Basis EUR/t 0.0%
Heavy Scrap / China / CNY/t 0.0%
KORE 65% Fe / Qingdao CFR USD/t -0.26%
E2 & E3 Shipbreaking scrap /Turkey / Delivered basis / USD/t -2.0%
KORE 62% Fe / Qingdao CFR USD/t -0.21%
E6 New cutting scrap (DKP) / Turkey / delivered basis, TRY/t -0.6%
Shredded Scrap / Turkey / CFR USD/t -2.0%
CRC / Italy Ex-Works EUR/t -1.0%
HMS 1&2 80:20 / Turkey CFR USD/t -2.0%
KORE 58% Fe / Qingdao CFR USD/t -0.21%
HMS 1&2 80:20 / UAE, delivered basis AED/t -3.0%
HMS 1/2 80:20 / Bangladesh / CFR USD/t -2.0%
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