[SMM Baja]

Thailand has extended anti-dumping (AD) duties on hot-dip galvanized cold-rolled flat steel from China, in coil and non-coil form, effective from September 7, 2026, for up to one year pending a review decision. Tax rates remain unchanged at 3.05%, 3.69%, 4.75%, 8.20%, and 37.54% based on CIF value, with a 0% exemption for materials used in automotive, electrical/electronics, and color-coated steel manufacturing.

[Indonesia] Currently, billet prices are in the range of 480 USD/metric ton FOB. This week has been a quiet period for the Indonesian steel market as the market has shown absolutely no movement, and buyers still consider the price too high; they believe the price should be lowered by about 10 USD/metric ton to be considered reasonable. However, steel mills have no intention of lowering prices at this time due to reports from China that the local steel association is working to reduce production, which is driving prices up. This sentiment may be leveraged in the future, but with absolutely no demand, steel mills may lower prices so their products can be sold.

[India Domestik] Aktivitas pasar baja dan skrap domestik tetap lesu. Alang tutup untuk Vishwakarma Puja, sementara beberapa lainnya beroperasi sebagian dan harga sebagian besar datar, menjaga pasar secara umum stabil, meskipun harga rebar mengalami kenaikan di beberapa pasar seperti Jalna, Mumbai. Banyak pelaku pasar tetap tidak aktif. Mandi HMS 1&2 (80:20) datar di 410,83USD/ton (39.400INR/ton) delivered Mandi. Sponge iron PDRI tidak berubah masing-masing 307,60USD/ton (29.500INR/ton) EXW Raipur dan 326,37USD/ton (31.300INR/ton) EXW Bellary. Di Bellary, beberapa transaksi sponge iron dilaporkan sekitar 321-323USD/ton (30.800-31.000INR/ton) pada hari Rabu. Level serupa kemungkinan berlanjut pada hari Kamis, meskipun penjual masih menawarkan lebih tinggi sekitar 326,37-328,46USD/ton (31.300-31.500INR/ton), menurut pelaku pasar. Aktivitas pasar tetap terbatas dengan pembeli menunjukkan minat yang hati-hati. Billet Raipur datar 464,02USD/ton (44.500INR/ton) EXW Raipur.