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Indonesia Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Ex-Asia wire rod retreats due to weakening in China, traders resume offers in short positions

Outlook for Asian wire rod market still stable

Ex-China billet stabilizes amid positive expectations, ASEAN mills focus on other products

Mood in Asian wire rod market improves, but prices post minimal changes for now

Import billet prices in SE Asia up slightly as traders not eager to offer in short positions

Ex-Asia billet pricing lacks direction amid tentative optimism in China, rare deals with discounts

Wire rod prices in Asia remain under pressure

Ex-China wire rod most competitive among Asian sources as local Chinese prices fall

Import billet offers reach $500/mt CFR in SE Asia, buyers not expecting setback before mid-Oct

Global View on Billet: Market stops falling amid warmer sentiment in China

ASEAN billet unlikely to fall further amid lower allocation, China less active amid gradual rebound

Global View on Billet: China’s slump triggers more bearishness globally, though ‘Golden September’ starts

Ex-China billet prices retreat due to sharp futures declines, ex-ASEAN mills hold prices

Global View on Billet: Gradual recovery in prices leads to better non-China sales

Ex-ASEAN billet sales jump after rise in ex-China offers

Global View on Billet: Market uncertain amid shaky rebound in China

Ex-China billet prices bottom up after hitting $420/mt FOB, ex-ASEAN prices not competitive

Global View on Billet: China’s $20/mt collapse has ripple effect on international markets

Import billet in SE Asia falls to $450/mt CFR, market awaits next movements

Global View on Billet: Prices inevitably keep falling as China still has major impact

Ex-China billet prices supported by strong RMB, ASEAN mills try to raise export offers

Global View on Billet: Major markets hit bottom for the time being

Global View on Billet: China’s aggression impacts all markets, has temporary bottom been reached?

Ex-China billet prices fall again, SE Asian importers cautious on purchases

Asian billet market stressed by further local drop in China, change of rebar standard

Free Global View on Billet: Downtrend resumes, ex-China sales dominate in most markets

Billet buying gradually improves in SE Asia, following another price drop

Free Global View on Billet: Some suppliers attempt price increases, but success very limited

More ex-China billet sales disclosed at stable prices, activity may slow down

Ex-ASEAN billet prices down to more reasonable level, but ex-China FOB levels up slightly

Free Global View on Billet: Declines resume almost everywhere driven by weakness in China

Free Global View on Billet: Market enjoys the silence, only China keeps slowly going down

Ex-Indonesia billet inches down in latest deal for August shipment

Free Global View on Billet: Market more active in terms of sales, price changes limited except for China

Billet importers in SE Asia in wait-and-see mode as prices slip further

Free Global View on Billet: Asia remains negative, some hike attempts may be seen in Turkey

Ex-ASEAN billet prices fall, trading halted as slump in China may lead to increased competition

Global View on Billet: Market moves slowly on negative trajectory

ASEAN mills try to accelerate billet export sales, but FOB prices fail to change much

Ex-ASEAN billet prices post small rise in latest deals, importers in Asia resist uptrend

Asian billet market stabilizes as ASEAN mills reject low bids amid slight rises in futures prices

Free Billet Market Overview: Recent price changes for week 20, 2024

Billet prices still not low enough for SE Asian importers to resume active buying

Ex-ASEAN mills hold prices as gains in China not sufficient to provide solid support

ASEAN billet exporters have to cut offers from previous “unreasonable” level, deal prices stable

Ex-ASEAN billet exporters bullish after news from China

Tradable import billet prices fail to improve in SE Asia, demand focused on traders taking positions

Ex-ASEAN deal prices increase amid stronger China, demand mostly from MENA

Asian billet market start to rebound, but activity limited due to holidays

Ex-ASEAN billet prices fall a little further, decline may stop if futures keep rising


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.