Read the Kallanish South East Asia Report - Week 23, published 6th June 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 is subdued, apart from small-tonnage higher-priced bookings of Chinese SS400 grade HRC.
• Longs: Rebar offer prices have fallen in Singapore from the week before. The market remains soft with reports of sporadic buying. Offers of theoretical-weight blast furnace rebar from Malaysia and Vietnam for July shipment are prevailing at $730/t cfr Singapore.
• Semis: Suppliers are maintaining export offers for billet to Southeast Asia at unchanged levels from the prior week. Suppliers are optimistic the ASEAN billet market is looking up after widespread Covid-19 lockdowns in China were lifted last week. 
• Raw Materials: The Vietnamese scrap market appears to have bottomed. Bookings last Friday closed higher compared with those during the week through 27 May. A southern Vietnam mill ordered a 2,000t parcel of containerised HMS 1/2 80:20 from the US at $445/t cfr Caimep on 3 June, trading sources say. 

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