Kallanish South East Asia Steel Report

Kallanish South East Asia Steel Report - April 2023 (April 14, 2023)

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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 to weak demand.

Semis: The Philippine billet import market was briefly active in early March before falling as buyers stayed away.
Raw Materials: The Vietnamese scrap import market saw greater liquidity early last month. However, import prices reversed into a decline as the global scrap market weakened and local steel demand remained subdued.

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Kallanish South East Asia Steel Report - April 2023 (April 14, 2023)

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