[SMM Steel] Kekurangan Pasokan Mereda dan Perdagangan Melambat; Harga Rebar Turki Kembali Turun

The most-traded HRC contract started stable then rose, closing at 3,244, up 0.22% DoD. In terms of supply, the impact from maintenance on HRC this week was 216,000 mt, down 39,900 mt WoW; next week’s impact is expected to be 116,100 mt, down 99,800 mt WoW, though production remained relatively low. On the demand side, end-users mainly concluded deals at low prices, the spot-futures price spread narrowed slightly, and some positions were added in the futures and physical markets. Raw material side, yesterday two authorities released the 15th Five-Year Plan for the coal industry, and coupled with the strong reality of a shortage in spot coking coal, bulls in the most-traded contracts aggressively bid up prices, lifting the cost support from coking coal and coke somewhat. Looking ahead, as sheets & plates themselves are still in the off-season, this will cap their rebound. However, considering that cost support from below is solid in the short term, sheets & plates are expected to consolidate on a strong note.

[EU] Harga baja canai panas Eropa sedikit lebih tinggi meskipun aktivitas perdagangan terbatas selama periode liburan musim panas. HRC Eropa Barat Laut naik menjadi sekitar EUR 719/ton ex-works, sementara HRC Italia dinilai sekitar EUR 719,5/ton ex-works. Pelaku pasar memperkirakan harga akan semakin menguat hingga September karena penurunan produksi domestik, kendala logistik, dan ketersediaan impor yang lebih ketat membatasi pasokan. Impor yang kompetitif tetap sulit dilakukan karena adanya tindakan perdagangan dan kuota yang cepat habis.

[India] Pasar daur ulang kapal Alang di India mengalami peningkatan sentimen pembelian minggu lalu dengan pembeli menjadi lebih aktif setelah beberapa kapal baru-baru ini dialihkan ke Chattogram dan Gadani. Meskipun permintaan baja domestik melemah, harga pelat Alang naik dari 401 dolar AS per ton (38.300 INR per ton) menjadi 411 dolar AS per ton (39.200 INR per ton) pada hari Jumat, didukung oleh penguatan rupee. Harga daur ulang indikatif tetap stabil di kisaran 442-447 dolar AS per LDT untuk kapal tanker dan 452-457 dolar AS per LDT untuk kontainer. Para pelaku pasar memperkirakan minat penawaran yang lebih kuat mencerminkan meningkatnya kepercayaan terhadap Alang, meskipun fundamental pasar secara keseluruhan masih lemah.