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Kallanish South East Asia Steel Markets Report - Week 13 (March 28, 2022)

Read the Kallanish South East Asia Report - Week 13, published 28th March 2022. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. 

Flats: The Vietnamese market for commercial quality hot rolled coil imports is more active than for rerolling HRC imports...

Longs: The rebar and wire rod import markets in East Asia were quiet last week. Regional buyers are taking a pause after the recent rapid price hikes...

Semis: Rerollers in Southeast Asia are shying away from the billet import market. Meanwhile, the region is starting to see diverted prompt billet and slab cargoes which were originally destined for China...

Raw Materials: The scrap import market is rising in Vietnam. Japanese H2 grade scrap offers have risen to $620-630/t cfr from $610-615/t cfr...