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South East Asia Steel Markets

08-24 | Aug. 7, 2024

Flats: Vietnam’s import market for commercial-grade hot-rolled coil remained depressed in July due to low demand and market bearishness.

Longs: The Southeast Asian rebar import market weakened after a brief period of strength in early July. Price volatility in Chinese steel futures has affected buying from end-users. 

Semis: The ASEAN billet market continued …

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07-24 | July 11, 2024

Flats: Vietnam's import market for commercial-grade hot-rolled coil dragged on with very thin trading activity in June. The lack of demand in Vietnam and steel price instability in China are the main factors behind market sluggishness. 

Longs: The Southeast Asian rebar import market slipped in June in tandem with a softening in …

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06-24 | June 12, 2024

Flats: Vietnam's import market for commercial-grade hot-rolled coil saw turbulence in May, with importers more cautious in dealings in response to fluctuations in Chinese offers.

Longs: The Southeast Asian rebar import market was muted in May. While offers are stable, volatility in Chinese steel futures is likely causing regional buyers to exercise …

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05-24 | May 7, 2024

Flats: Vietnam’s import market for commercial-grade hot-rolled coil rebounded in early April, but then slowed in late April. Buying interest has subsided as ASEAN buyers have sufficient inventory in an unstable market.

Longs: The Southeast Asian rebar import market turned from weak to strong in April. Rumours that China would regulate …

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