Données : Évolution des marchés SHFE et DCE (18 sept.)

Tosyalı SULB, a joint venture between Turkish steelmaker Tosyalı Holding and Libya United Steel Company for Iron and Steel Industry, plans to attract around $2.5 billion in investment for a direct reduced iron (DRI) project near Benghazi, with commercial production targeted for early 2028. The complex will comprise three DRI production units with combined annual capacity of 8.1 million mt once fully completed, with the first phase set at around 2.7 million mt/year — natural gas supply arrangements for this phase are already in place, alongside a dedicated power facility under development. Chairman Ahmed Gadallah said about 90% of output is targeted for export, mainly to Europe, while the remainder will supply rebar and steel pipes for Libya's domestic market.

There have been price changes since last week: rebar (505→510 USD/metric ton), slab (485→490 USD/metric ton), HRC (525→528 USD/metric ton), and billet (480→485->480->477 USD/metric ton). This is due to manufacturers trying to gauge the market on how they will react. However, it seems that it is the billet that is reacting. When prices were raised, it turned out that Chinese steel products, especially billet, experienced a decline. Ultimately, the prices in Indonesia had no choice but to lower. However, now that buyers' expectations are 5-10 USD/ton lower than the manufacturers', the manufacturers are now trying to reduce billet prices. Let's see what happens in the market next week, but if buyers have a stronger market position, then prices are likely to drop next week as well.

[Indonésie] Aujourd'hui, le prix de la billette a de nouveau baissé de 3 $/t pour atteindre 477 $/t FOB. Cela indique que la position des acheteurs semble plus forte sur le marché, les aciéries commençant à baisser leurs prix. Il a été mentionné précédemment que la demande existe toujours, mais l'idée émergente est que les acheteurs penseront qu'une baisse de 5 à 10 $/t serait un bon prix pour acheter le produit. Cependant, les expéditions ont désormais été reportées à janvier 2027 au plus tôt. Ainsi, les problèmes de maintenance semblent maintenant affecter la production et retarder les expéditions de produits. S'il est vrai que la demande existe petit à petit mais que les acheteurs envisagent encore de baisser les prix, les prix suivront les souhaits des acheteurs.