Laporan Harian Bijih Besi MMi (3 Juni)

Indonesia exported high-value structural steel worth about 0.216 million USD to Canada for a construction project. The products were made by PT Gunung Raja Paksi Tbk and shipped from Cikarang, West Java. Although small in value, the shipment highlights Indonesia’s push to move beyond raw materials and semi-finished exports toward higher-value steel products and developed markets. "

US exports of steel concrete reinforcing bars (rebar) totaled 23,288 metric tons (mt) in April 2026, marking a sharp 14.9% decline compared to the 27,365 mt exported in March, and dropping 35.1% relative to April 2025 volumes. Reflecting weaker pricing segments, the total export value compressed to $13.5 million from $15.8 million in the previous month and $16.0 million in the prior year. Cross-border regional supply chains within North America continued to absorb the entire output, with shipments to Canada hitting 10,950 mt (down from 14,707 mt in March) and exports to Mexico settling at 4,343 mt, while no other single international destination exceeded 500 mt. The market impact indicates that prolonged stagnation in Canadian residential construction and commercial fabrication activities has heavily paralyzed cross-border rebar shipment velocity. This severe reduction in outbound flows points to an accumulation of merchant long products at US domestic mini-mills, which will likely compel domestic producers to slash pricing to clear rising inventories

According to preliminary census data from the US Department of Commerce, United States imports of line pipe totaled 82,410 metric tons (mt) in April 2026, marking a 3.0% increase from the 80,010 mt imported in March, though registering a 12.5% decrease compared to April 2025. The total import value for the month grew to $98.4 million, up from $95.5 million in February. Canada remained the dominant primary exporter to the US market with 34,884 mt, followed by South Korea with 18,008 mt and Germany with 9,901 mt, while no other single origin exceeded 5,000 mt.