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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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HRC / Italy Ex-Works EUR/t -1.0%
HRC / Japan FOB USD/t 0.0%
HMS 1/2 Scrap (80:20) / US East Coast FOB USD/t 0.0%
H2 Scrap / Japan Domestic Delivered Basis JPY/t -2.0%
Slab / Japan FOB USD/t 0.0%
Plate (low grade) / Japan FOB USD/t 0.0%
CRC / Japan FOB USD/t 0.0%
HMS 1/2 Scrap (80:20) / Rotterdam FOB USD/t 1.0%
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More Global Prices

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Rebar / Turkey FOB USD/t 0.0%
Shredded Scrap / Turkey / CFR USD/t -0.0%
HMS 80:20 Scrap / Benelux / delivered dock, EUR/t 1.7%
Billet / Tangshan Ex-Works CNY/t -1.0%
KORE 62% Fe / Qingdao CFR USD/t 0.32%
Billet / CIS-Black Sea FOB USD/t 0.0%
Heavy Scrap / China / CNY/t 0.0%
H2 Scrap / Japan Tokyo Bay FAS JPY/t 0.0%
HMS 1&2 80:20 / Turkey CFR USD/t -0.0%
KORE 65% Fe / Qingdao CFR USD/t 0.45%
HMS 1 Scrap / US Midwest Delivered Basis USD/t 0.0%
KORE 58% Fe / Qingdao CFR USD/t 0.45%
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