Metal Expert.com

The conflict in the Middle East is starting to reshape the slab market in Southeast Asia, as Iranian suppliers have effectively disappeared from the region amid severe logistical disruptions. With vessels unable to load cargoes at Iranian ports, supply availability has tightened, prompting buyers to seek alternative sources, mainly from China. While importers note that some suppliers have stepped back from the market to reassess potential price increases, the availability of Chinese material has been limited.
https://metalexpert.com/en/news/htmlinetnewsbusen?head=Interest-in-Asian-slabs-rises-in-SE-Asia-amid-Iranian-supply-disruptions&unid=EE7E6DB7A3AF98E7C2258DB1003FA0FFQ

Indian and Chinese steel market participants are trying to assess the implications of the intensifying conflict in the Middle East, as renewed military confrontations involving Israel, the United States, and Iran have sharply elevated geopolitical tensions since the weekend. For now, buyers in the Middle East are not exhibiting panic, supported by sufficient inventories and the seasonal slowdown during Ramadan. Nevertheless, Asian flats buyers, including Indian ones, remain vigilant. A prolonged closure of Middle Eastern outlets could compel suppliers to redirect substantial volumes to alternative destinations, potentially exerting downward pressure on prices if regional demand proves insufficient to absorb the surplus.
https://metalexpert.com/en/news/htmlinetnewsbusen?head=Asian-exporters-evaluate-risks-after-Middle-East-escalation&unid=4FA3EF1225EB0C2FC2258DAF004A71EEQ