[SMM Baja] Pasar HRC Eropa Menanti Pemulihan Pasca-Liburan

[SMM Steel] Market feedback indicates that for Q235B, the EXW price of HRC with specifications of 3.5*1250*C is $507/mt, with the shipping port being Bayuquan.

[India Export] Indian HRC sellers were heard seeking around 660USD/tonne CFR Europe and 530USD/tonne CFR Vietnam. Market participants said India’s EU quota was effectively full after accounting for material already en route and cargoes held at customs warehouses in the EU. They therefore expect Indian HRC cargoes shipped in late October or November to be positioned for January customs clearance and believe these later shipments could secure stronger prices. The Southeast Asian market is meanwhile awaiting price revisions from major Vietnamese mills, which will provide the next direction for regional HRC offers. In the domestic market, HRC prices increased by around 26USD/tonne (2,500INR/tonne) to approximately 630USD/tonne (60,000INR/tonne) EXW Mumbai. IMD’s normal calendar places the beginning of southwest monsoon withdrawal from northwest India around September 17. Market participants expect steel demand to strengthen as the monsoon recedes and the festive season begins, supporting a pickup in construction and infrastructure activity.

[Indonesia] Billet naik 2 USD/ton, sekarang di 477 USD/ton FOB. Ini karena harga sudah dianggap mahal di pasar sehingga pembeli akan berpikir dua kali, namun saat ini ada info bahwa banyak pembeli melakukan posisi beli jangka panjang karena secara global harga batu bara kokas tampak naik, jadi pembeli berusaha membeli banyak hari ini khawatir harga bisa naik. Itulah mengapa permintaan meningkat dan pabrik senang menaikkan harga. Jika permintaan benar-benar naik untuk hari-hari berikutnya dan terus naik, harga juga akan naik lebih tinggi sekali lagi.