[SMM Türkiye Revisão Semanal] Sucata se aproxima da marca de 400 USD; pressão de custos impulsiona prêmio doméstico e arbitragem de importação

Tosyalı SULB, a joint venture between Turkish steelmaker Tosyalı Holding and Libya United Steel Company for Iron and Steel Industry, plans to attract around $2.5 billion in investment for a direct reduced iron (DRI) project near Benghazi, with commercial production targeted for early 2028. The complex will comprise three DRI production units with combined annual capacity of 8.1 million mt once fully completed, with the first phase set at around 2.7 million mt/year — natural gas supply arrangements for this phase are already in place, alongside a dedicated power facility under development. Chairman Ahmed Gadallah said about 90% of output is targeted for export, mainly to Europe, while the remainder will supply rebar and steel pipes for Libya's domestic market.

There have been price changes since last week: rebar (505→510 USD/metric ton), slab (485→490 USD/metric ton), HRC (525→528 USD/metric ton), and billet (480→485->480->477 USD/metric ton). This is due to manufacturers trying to gauge the market on how they will react. However, it seems that it is the billet that is reacting. When prices were raised, it turned out that Chinese steel products, especially billet, experienced a decline. Ultimately, the prices in Indonesia had no choice but to lower. However, now that buyers' expectations are 5-10 USD/ton lower than the manufacturers', the manufacturers are now trying to reduce billet prices. Let's see what happens in the market next week, but if buyers have a stronger market position, then prices are likely to drop next week as well.

[Indonésia] Hoje, o preço do tarugo caiu novamente US$ 3/tonelada, para US$ 477/tonelada FOB. Isso indica que a posição dos compradores parece mais forte no mercado, à medida que as usinas começam a reduzir seus preços. Foi mencionado anteriormente que a demanda ainda existe, mas a ideia emergente é que os compradores considerarão uma redução de US$ 5 a 10/tonelada um bom preço para adquirir o produto. No entanto, agora os embarques foram adiados para janeiro de 2027, no mínimo. Assim, questões de manutenção agora parecem estar afetando a produção e atrasando os embarques dos produtos. Se for verdade que a demanda existe aos poucos, mas os compradores ainda pensam em reduzir os preços, os preços seguirão a vontade dos compradores.