Report Period: June 17 – 24, 2026 (Week 25)
Cover: Vietnam | Philippines | Thailand | Indonesia | Malaysia

This weekly intelligence briefing compares the latest seven-day trading window against the prior week, giving you more than a snapshot—it shows you the direction and speed of market change. If you source or sell HRC, billet, slab, wire rod, or stainless steel into Vietnam, the Philippines, Thailand, Indonesia or Malaysia, this report isolates the decisions that will either protect your margin this quarter or erode it.

For Procurement Managers, This Report Helps You Solve:

Whether the persistent softening in Chinese HRC FOB is creating a buying opportunity for markets where trade barriers are lower, or whether structural inventory accumulation in China signals further price weakness that justifies continued hand-to-mouth procurement.
How to navigate the widening gap between softening Chinese export prices and firm Southeast Asian domestic prices, and whether the Indonesian slab shortage and Vietnam’s trade remedies have permanently severed the transmission mechanism between Chinese FOB and ASEAN landed costs.
Whether Malaysia’s expansion of anti-dumping investigations into long products, combined with Thailand’s broad HRC sunset review covering fourteen countries, signals a permanent tightening of regional market access that requires fundamental sourcing strategy adjustments.

For Sales Managers, This Report Helps You Solve:

Where the most profitable slab export opportunities now reside as Indonesian HRC prices remain structurally elevated at levels not seen since the initial Iran supply shock, and how long this premium window can persist before either an Iran ban resolution or demand destruction closes it.
How to defend HRC market share in Thailand while the sunset review proceeds, and whether the substantial cost advantage that Chinese-origin material holds over domestic Thai mills will survive the review process.
Whether Malaysia’s new rebar dumping petition from Singapore and Turkey, combined with the ongoing wire rod anti-dumping investigation, signals a broader ASEAN long-product trade remedy wave that will reshape regional construction steel flows.

Every page is built on a rigorous week-on-week comparison framework: last week’s price, this week’s price, the driver that moved it, and a next-week forecast with concrete upside and downside scenarios.

This Week’s Key Focus Areas:

Chinese HRC FOB continued its slow retreat, marking the fourth consecutive week of softness as domestic inventories build and mill margins erode. The transmission mechanism between Chinese export prices and ASEAN landed costs has been permanently disrupted: Indonesia’s HRC prices remain structurally elevated on the slab shortage, Vietnam’s domestic mills are protected by anti-circumvention duties and are now pricing below Chinese imports by a wide margin, and Thailand has locked in anti-dumping duties on HRC from fourteen countries for up to another year. Malaysia’s trade remedy expansion into long products—wire rod from China, Indonesia and Vietnam, plus a new rebar petition targeting Singapore and Turkey—signals that ASEAN’s protectionist architecture is spreading from flat products into construction steel. Singapore’s port congestion has eased slightly, with delayed vessels down from 450,000 teu to 380,000 teu, but 72% of containerships remain late and Port Klang has 51 vessels waiting. The approaching end of Q2 may trigger modest restocking, but no demand surge is evident.

This report includes full week-on-week data comparison tables and a dedicated deep-dive section analysing price, policy, currency, logistics, and sentiment shifts between Week 24 and Week 25.

📥 View Free Sample
👉 Subscribe Monthly – Never miss a market shift
👉 Subscribe Annually – Best value for procurement and sales teams
📧 Questions? Custom reports? Contact amy@amyinsights.com