[SMM Análise Semanal da UE] Nova Política Impulsiona o Setor da UE; Rastreabilidade de Fundição e Vazamento e Interrupções de Placas Impulsionam a Plena Realização

Global long steel prices are expected to remain under upward pressure over the next quarter despite subdued consumption, the International Rebar Producers and Exporters Association (IREPAS) said in its September short-range outlook. The association attributed the anticipated price support mainly to higher energy and logistics costs, geopolitical disruptions and increasingly restrictive trade measures rather than any significant recovery in underlying steel demand. Global crude steel production moved from growth of 1.7% year on year in June to a decline of 0.3% in July, while China’s output shifted from 0.4% growth to a 3.6% contraction. However, global production during January–July was down by only 0.6%, which IREPAS said was insufficient to indicate a meaningful market rebalancing. Chinese steel bar exports increased by 20.9% year on year in July and by 12.3% during January–July. IREPAS said tighter EU and UK import quotas were improving supply-demand conditions within those protected markets but redirecting surplus material towards markets with fewer trade restrictions. European long steel prices were being pushed higher primarily by energy and transportation costs, with demand remaining weak. India, Southeast Asia, Africa and selected US construction segments were identified as the stronger opportunities for long steel products. Meanwhile, the global ferrous scrap market remained weak as mills resisted raw-material price increases that could further compress margins.

[GCC] The UAE’s monthly rebar assessment fell by 4 USD/tonne to 783 USD/tonne EXW in September. Weak demand and buyer resistance prompted some mills to reduce offers to around 773-780 USD/tonne EXW. In Saudi Arabia, Hadeed maintained its 12-32 mm rebar offer at 747 USD/tonne CPT Riyadh, while raising its 5.5-6.5 mm wire rod offer by around 33 USD/tonne to 807 USD/tonne.

O mercado doméstico de aço da Índia permaneceu misto durante a semana (31 de agosto a 4 de setembro), com preços apresentando movimentos de alta e baixa em produtos semiacabados e acabados. No geral, a atividade dos compradores permaneceu cautelosa e baseada na necessidade, com demanda moderada. O tarugo de Mandi Gobindgarh subiu 1,05 USD/tonelada (100 INR/tonelada) para 492,14 USD/tonelada (46.500 INR/tonelada) entregue em Mandi. O tarugo de Raipur caiu 9,52 USD/tonelada (900 INR/tonelada) para 444,52 USD/tonelada (42.000 INR/tonelada) EXW Raipur. Os preços do vergalhão subiram 5,29 USD/tonelada (500 INR/tonelada) para 530,24 USD/tonelada (50.100 INR/tonelada) EXW Mumbai. O vergalhão de Durgapur caiu 10,58 USD/tonelada (1.000 INR/tonelada) para 478,38 USD/tonelada (45.200 INR/tonelada) EXW Durgapur. O lingote de Mandi subiu 1,05 USD/tonelada (100 INR/tonelada) para 492,17 USD/tonelada (46.500 INR/tonelada) EXW Mandi. Os preços do ferro-esponja PDRI subiram 6,35 USD/tonelada (600 INR/tonelada) para 315,41 USD/tonelada (29.800 INR/tonelada) EXW Bellary. Os preços do ferro-esponja PDRI caíram 5,29 USD/tonelada (500 INR/tonelada) para 309,06 USD/tonelada (29.200 INR/tonelada) EXW Raipur. Os preços da sucata de fusão aumentaram 6,35 USD/tonelada (600 INR/tonelada) para 388,43 USD/tonelada (36.700 INR/tonelada) ex-pátio Alang. 8Ani (12mm) inalterado em 445 USD/tonelada (42.100 INR/tonelada) ex-pátio Alang. HMS 1&2 (80:20) subiu 1,05 USD/tonelada (100 INR/tonelada) para 401,13 USD/tonelada (37.900 INR/tonelada) entregue em Mandi.