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Indonesia Longs and Billet Price Analyses

You may find latest developments on Indonesia and all the news about Indonesia on SteelOrbis. Follow the latest analysis, prices, news and developments regarding both global and Turkish markets about Indonesia.

 
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Wire rod prices in Asia post little changes as insufficient demand prevent rises

SE Asian buyers book ex-Russia and ex-Iran billets, as ex-Asia prices assessed as high

Asian billet offers down slightly amid weak mood in China, buyers await more cuts

Global View on Billet: Market looks for clear trend as rises in China not sustained

Indonesian mill starts to offer billet for May, targets small rises for major products

SE Asian billet market resists previous ex-Asia offer rise, buyers focus on cheaper options

Global View on Billet: Stronger China and firm scrap push prices up in most markets

Rise in most billet offers scare away SE Asian importers after some deals done earlier at lower level

Ex-China wire rod prices improve amid cautiously positive outlook, supporting ASEAN offers

Ex-ASEAN semis offers receive further support from improvement in China

Ex-ASEAN billet trading revives after previous slight fall, mood improves this week

Global View on Billet: Downtrend resumes in Asia, some improvement seen only in Turkey

SE Asian billet importers push strongly for declines, trading stops even for sanctioned origins

Ex-Indonesia semis prices move down slightly down

Ex-Asia billet prices inch down as hike attempts fail in most markets

Ex-China wire rod prices move sideways, keeping mood in Asia firm

Global View on Billet: Deals signed only at discounts despite Asian sellers’ hike attempts

Ex-China wire rod prices increase, but ASEAN mills keep prices stable

Indonesian mill starts to offer billet for April shipment, hikes offers further

Global View on Billet: Downtrend resumes amid bearishness in China, scrap and general outlook

SE Asian billet importers accelerate buying after latest price cuts from China

Ex-Indonesia billet offer prices up from previous sales, but not sign of rebound

Ex-China wire rod prices stable, but market opens rather negatively on Jan 2

Asian wire rod prices follow downtrend, competition high in weak demand environment

Ex-China wire rod prices edge up, bringing better mood despite weak demand in Asia

Ex-China billet offers rise amid monetary policy easing announcement for 2025, ASEAN mills hold prices

Ex-China and ex-ASEAN wire rod prices stable amid small changes in futures, no urgent need to sell

Chinese billet still most competitive in SE Asia’s import market, outlook cautiously negative

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


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