[SMM Baja] Tekanan pada Baja Turki: Permintaan Lesu Membebani Produk Panjang seiring Risiko Laut Hitam Mengguncang Pasokan Semifinished

[Indonesia] HRC prices in Indonesia currently stand at USD 520/tonne FOB and remain generally stable. Based on available market information, however, concerns about a potential price rise are becoming more apparent, driven by rising raw material costs and higher slab prices in other regions, which are likely to push up HRC and its derivative products. These concerns have not yet been reflected in concrete price movements and need closer monitoring. Alongside demand, this could become another factor influencing sheet product prices.

Aceh has the resources to develop a steel industry from upstream to downstream, according to Resvani, Vice Chairman of the Indonesian Mining Experts Association (Perhapi). Exploration data show the province holds iron ore, coal for use as a reductant, and limestone, the three main raw materials for steelmaking. Speaking at a national seminar in Banda Aceh on October 4, 2026, Resvani said downstreaming should go beyond intermediate products to finished goods, which generate greater added value. He added that Aceh's strategic location could support a role as a trade and industrial hub, provided mining follows good mining practice and meets environmental, community, and fiscal obligations.

Vietnam's Xuan Thien Group has proposed studying a high-tech steel complex combined with a cogeneration power plant in the Chan May-Lang Co Economic Zone in Hue, according to an announcement by Hue city authorities. The steel complex would be part of a wider investment plan that includes Chan May Port, a liquid and gas storage terminal, a concrete component plant, and an urban and services area with employee housing. The capacity, technology, investment value, and implementation plan for the steel complex have not yet been specified. Hue authorities asked the group to review the overall proposal, set priorities, and draw up an implementation roadmap, and said technology selection should prioritize efficient resource and energy use, water recycling, and compliance with environmental standards.