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South East Asia Steel Markets

6-23 | June 12, 2023

Flats: Vietnam's import market for commercial-grade hot-rolled coil was stuck in weakness in May. Chinese short-selling offers and offers with illegal tax status have been very active in the Vietnamese market, dragging down local buyer expectations.

Longs: The Southeast Asian rebar import market has been hit by weak demand and negative sentiment …

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5-23 | May 17, 2023

Flats: Vietnam's import market for commercial-grade hot-rolled coil tumbled on short sales by Chinese sellers. Low-priced transactions have been concluded, but the volatile market has also made Vietnamese buyers more cautious in purchasing.

Longs: The Southeast Asian rebar import market saw few deals in April due to weak demand in regional markets. …

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4-23 | April 14, 2023

Flats: Vietnam’s import market for commercial-grade hot-rolled coil rose in early March on the back of improving market sentiment in China. But in the second half of the month, financial market turmoil and weak demand caused prices to retreat.

Longs: The Southeast Asian rebar import market saw trading slow in March due …

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3-23 | March 10, 2023

Flats: Vietnam's import market for commercial-grade hot-rolled coil was boosted in February. China's return from the holiday brought price increases, while firmer downstream industries supported HRC demand in Vietnam.

Longs: The Southeast Asian rebar import market weakened in February until a rebound in the Chinese market at the end of February led …

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