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Kallanish South East Asia Steel Markets Report - Week 6

Kallanish South East Asia Steel Markets Report - Week 6 (Feb. 7, 2022)

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Read the Kallanish South East Asia Report - Week 6, published 7th February 2022. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

Flats: The Vietnamese hot rolled coil import market was in a lull last week due to the week-long Lunar New Year holiday...

Longs: The Southeast Asian import markets for wire rod and rebar were also quiet last week...

Semis: Billet exporters continue to press for higher prices in Southeast Asia...

Raw Materials: Regional scrap markets were largely silent last week due to the New Year holidays...

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CRC / N America Ex-Works USD/s.ton -1.0%
HRC / N America Ex-Works USD/s.ton -1.0%
Plate / N America Ex-Works USD/s.ton 0.0%
Billet / CIS-Black Sea FOB USD/t 0.0%
E3 Demolition Scrap / Germany Ex-Works EUR/t 0.0%
Billet / Tangshan Ex-Works CNY/t -1.0%
KORE 62% Fe / Qingdao CFR USD/t 0.52%
HMS 1&2 80:20 / Turkey CFR USD/t 0.0%
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More Global Prices

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KORE 65% Fe / Qingdao CFR USD/t 0.39%
E2 & E3 Shipbreaking scrap /Turkey / Delivered basis / USD/t -0.6%
KORE 58% Fe / Qingdao CFR USD/t 0.51%
Heavy Scrap / China / CNY/t -0.0%
Pig Iron / Black Sea FOB USD/t 2.0%
E3 Demolition Scrap / Austria Ex-Works EUR/t -1.0%
Shredded Scrap / Turkey / CFR USD/t 0.0%
Rebar / Turkey FOB USD/t -0.0%
E6 New cutting scrap (DKP) / Turkey / delivered basis, TRY/t 0.0%
HMS 1/2 Scrap / Taiwan CFR USD/t -3.0%
HMS 1&2 80:20 / UAE, delivered basis AED/t -6.0%
HMS 1/2 80:20 / Bangladesh / CFR USD/t 0.0%
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