[Indústria de ferroligas da Índia sinaliza pressões de custos de matérias-primas e energia com expansão da capacidade siderúrgica]

[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.

[Malásia] As ofertas domésticas de HRC S275JR ficaram em aproximadamente 2.200 MYR/tonelada EXW para compradores regulares e 2.230 MYR/tonelada EXW para compradores não regulares. Enquanto isso, o vergalhão B500B de 16 mm atingiu 2.180 MYR/tonelada EXW, alta de 30 MYR/tonelada na comparação semanal, enquanto o fio-máquina C12D subiu 50 MYR/tonelada, para 2.300 MYR/tonelada entregue. O tarugo 3SP e o fio-máquina SAE1008 de origem indonésia foram cotados a 495–500 e 525–530 USD/tonelada CFR Malásia, respectivamente. A placa SAE1006/SS400 de origem indonésia ficou em 505–510 USD/tonelada CFR Malásia. A demanda doméstica por aço para construção permaneceu fraca, oferecendo suporte limitado aos preços.

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.