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South East Asia Steel Markets Report - Week 42 (Oct. 22, 2021)

Read the Kallanish South East Asia Reports: Markets & Production - Week 42, published 18th and 20th October 2021. This is a weekly subscription reports 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: Southeast Asian steelmakers saw blast furnace activity fairly steady last week with few exceptions.
  • Flats: The outlook for Vietnam’s hot rolled coil import market remains uncertain.
  • Longs: Rebar offers have increased in Singapore following rising scrap prices
  • Semis: Billet import prices have continued to firm in Southeast Asia on strong gains in international scrap.
  • Raw Materials: Taiwanese scrap market prices have increased slightly due to an uptick in global scrap trade.