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Kallanish South East Asia Steel Markets Report - Week 16

Kallanish South East Asia Steel Markets Report - Week 16 (April 19, 2022)

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Read the Kallanish South East Asia Report - Week 16, published 19th April 2022. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

Flats: Vietnam’s Formosa Ha Tinh Steel (FHS) has announced a 2.2% increase in its June-shipment prices of hot rolled coil...

Longs: The East Asian long products import market was more or less stable this week...

Semis: The Southeast Asian billet import market remains quiet. Certain supplying mills, especially for induction furnace billet, are lowering prices to entice buying...

Raw Materials: A recent Japanese monthly scrap export tender has seen prices firm over last month. Several overseas market participants deem the latest award price very high...

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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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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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