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Flats: Vietnam's commercial-grade hot-rolled coil (HRC) market witnessed a flurry of Chinese deals in December, despite looming anti-dumping measures.
Longs: The Southeast Asian rebar import market remained largely subdued in December, weighed down by weak demand and lower price expectations. However, rebar supplies from Vietnam and South Korea injected some movement into the otherwise quiet landscape.
Semis: The ASEAN billet import market remained sluggish throughout December, with declining offer prices failing to spark significant buyer interest. Market sentiment was dampened further by year-end holidays, as participants paused activities.
BF Raw Materials: Seaborne iron ore prices experienced a turbulent ride in 2024, ending the year with a sharp decline of more than 20%. The market followed a "high-to-low" trajectory, shaped by shifting demand and supply dynamics throughout the year.
EAF Raw Materials: The Kanto Tetsugen monthly Japanese scrap export tender dipped in December. In the latest tender, Toyota Tsusho Material was awarded 15,000t of Japanese H2 grade scrap for shipment by 31 January at JPY 42,739/t ($280/t) fas, or about $295/t fob Japan.
Country Trade Data:
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous