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South East Asia Steel Markets Report - Week 29 (July 21, 2021)

Read the Kallanish South East Asia Report - Week 30, published 21st July 2021. This is a weekly subscription report analysing production, flats, longs, semis, and raw materials for the region. Additionally, the production section includes brand new data series monitoring hot metal production activity in the region at the blast furnace level.

  • Production: Blast furnace activity across Southeast Asia remains subdued amid the latest wave of Covid-19. 
  • Flats: Indian hot rolled coil continues to be offered in Vietnam. 
  • Longs: Transaction prices for wire rod and rebar have risen in Southeast Asia. 
  • Semis: Southeast Asian billet importers are slow to follow China’s price lead due to its recent buying spree.
  • Raw Materials: Taiwan's scrap market last week was operating steadily.