[SMM Expéditions mensuelles d'acier] Les départs des 32 ports chinois en avril ont progressé de 16,75 % par rapport au mois précédent

The most-traded HRC contract fluctuated today, closing at 3,279 with a slight intraday decline of 0.3%. This week, cold-rolled and hot-rolled prices continued to weaken, and overall transaction volumes remained low. In terms of supply, the impact from mill line maintenance decreased WoW, leading to a slight increase in total HRC production. On the demand side, apparent demand dropped MoM. Regarding inventory, according to SMM statistics, HRC social inventory across 86 warehouses nationwide (large sample) reached 4.3757 million mt, up 84,500 mt or 1.97% WoW, and up 43.10% YoY on a lunar calendar basis. By region, all markets saw inventory buildup WoW, with the Northeast market recording a relatively large buildup. Cost side, the ninth round of coke price increases was implemented this week. Influenced by raw material market news, costs showed a pattern of strength early on and weakness later. Looking ahead, although the market has initiated a tenth round of coke price hikes, hot metal output has slowly pulled back from its peak, and cost support is expected to remain flat compared to earlier estimates. From the HRC supply-demand perspective, the current imbalance continues to accumulate. Amid off-season demand, inventory pressure is expected to persist and weigh on prices. Combined with remaining cost-side support, downside room is relatively small. HRC prices are likely to show a bottom-consolidation pattern next week, with the most-traded HRC contract moving in the 3,250–3,330 range.

[Turquie] La demande intérieure et à l'exportation de ronds à béton turcs est restée faible tout au long de la semaine, entraînant une baisse du prix à l'exportation à 575 USD/tonne FOB, principalement due au repli continu des stocks des usines et à l'absence de commandes fermes, tandis que les offres de bobines laminées à chaud ont été abaissées à 585 USD/tonne FOB. Le marché intérieur demeure atone, avec peu d'espoir d'une reprise significative de la demande cet été. Du fait de la lente reprise de la demande dans la construction, les grandes aciéries détiennent d'importants stocks de ronds à béton à livrer, tandis que les négociants hésitent à se réapprovisionner en raison de flux de trésorerie faibles et de coûts d'emprunt élevés.