Sep 17

• Stimulus Lifts Ferrous Sentiment: The broader macroeconomic optimism provided a much-needed lifeline to the steel sector. Asian hot-rolled coil (HRC) and standard stainless export prices found a solid floor this week after months of sluggish performance.

• Nickel Pushes Higher: LME Nickel climbed toward $17,400/MT, immediately raising the input costs for 300-series stainless steel. Distributors in the Middle East and Southeast Asia have begun restocking high-grade alloys (such as 316L and 2205 duplex) to support ongoing LNG and infrastructure projects before base prices adjust further upward.

• Export Strategy Focus: Capitalize on the returning buyer confidence by marketing premium, corrosion-resistant alloy steels. Ensure that all exports targeting Western markets continue to feature pristine CBAM carbon-reporting documentation and strict melt-and-pour certifications to navigate tightening customs perimeters.