Pasokan turun, permintaan naik; stok sosial bahan bangunan mempercepat pengurangan pada periode ini

[Europe] European hot-rolled coil (HRC) prices remained flat this week, with the market yet to see any large-scale inventory replenishment since the summer holidays. Although several mills attempted to push up offers last week due to rising energy and raw material costs, these target prices have failed to materialize amid strong resistance from distributors. HRC quotes in Northwest Europe and Italy held steady at 737 and 732 EUR/tonne EXW (~857 and 851 USD/tonne), respectively. Northern European mills offered 750 EUR/tonne DDP (~872 USD/tonne) for late October orders; meanwhile, buyers reported that some mills set their ex-works base price at 750 EUR/tonne EXW for November deliveries. However, considering the current sluggish demand for carbon steel and the lingering availability of sub-750 EUR/tonne offers, closing actual deals remains difficult. Furthermore, as October 1st approaches, both buyers and sellers are closely monitoring the imminent implementation of the EU's new "melt and pour" regulations, assessing its potential impact on fourth-quarter import quotas and the broader supply chain rearrangement.

Menurut statistik SMM, baik stok pabrik maupun stok sosial baja konstruksi mengalami penurunan dengan tingkat yang bervariasi pada periode ini. Total inventaris baja konstruksi tercatat sebesar 7,8727 juta ton, turun 0,2013 juta ton secara periodik, atau -2,47% secara periodik, dengan laju penurunan stok yang semakin cepat.

Southern Copper Corporation melaporkan produksi molibdenum Q2FY2026 sebesar 7.046 ton, turun 11,0% YoY, dengan output H1FY2026 turun 6,7% menjadi 14.562 ton. Produksi menurun di keempat tambang penghasil molibdenum, dengan Toquepala turun 21,9%, Cuajone turun 1,4%, Buenavista turun 12,4%, dan La Caridad turun 3,5%. Perusahaan mengaitkan penurunan tersebut terutama dengan kadar bijih yang lebih rendah.