[SMM Steel] El mercado del acero de Indonesia está en calma; los precios de palanquilla se mantienen sin cambios hoy

[Vietnam] Domestic construction steel prices remained stable. Hoa Phat quoted wire rod and rebar at approximately 574 and 546 USD/tonne, respectively, while Viet Y’s northern market offers stood at around 567 and 536 USD/tonne. Pomina and VJS quoted wire rod at approximately 571 USD/tonne in the northern market, while Kyoei and VAS offered around 579 USD/tonne in the central market. Major mills maintained their offers, with listed wire rod prices ranging from approximately 567–579 USD/tonne.

[Malasia] Las ofertas nacionales de bobina laminada en caliente S275JR se situaron en aproximadamente 2.200 MYR/tonelada EXW para compradores habituales y 2.230 MYR/tonelada EXW para compradores no habituales. Mientras tanto, la barra corrugada B500B de 16 mm alcanzó los 2.180 MYR/tonelada EXW, con un aumento de 30 MYR/tonelada semana a semana, mientras que el alambrón C12D subió 50 MYR/tonelada hasta los 2.300 MYR/tonelada entregado. La palanquilla 3SP y el alambrón SAE1008 de origen indonesio se cotizaron a 495–500 y 525–530 USD/tonelada CFR Malasia, respectivamente. La plancha SAE1006/SS400 de origen indonesio se situó en 505–510 USD/tonelada CFR Malasia. La demanda nacional de acero para la construcción siguió siendo débil, lo que proporcionó un apoyo limitado a los precios.

The most-traded HRC contract closed at 3,317 today, with futures moving sideways and a full-day decline of 0.12%. In the spot market, HRC prices fell 10 yuan/mt MoM, and intraday trading weakened MoM. SMM balance data released today showed production continued to increase, while both mill inventory and social inventory destocked to some extent. Among them, HRC social inventory at 86 warehouses nationwide (large sample) tracked by SMM stood at 4.6518 million mt, down 10,700 mt MoM, or -0.23% MoM, and up 25.37% YoY on a calendar-year basis. By region, except for a larger decline in east China, other regions still saw inventory buildup. Outside China, large traders recently saw a notable improvement in coil export orders, and the expected improvement in demand in markets outside China is gradually materializing. In summary, HRC prices are expected to continue moving sideways in the short term, with continued attention on further release of restocking demand around the two holidays and the gradual recovery of market sentiment.