10
Mar
11:28
Chinese HRC attracts tepid response in Vietnam
Export offers of hot rolled coil from China are firm in Vietnam. Chinese suppliers are hiking quotes in tandem with the strong domestic market but Vietnamese buying interest is thin, Kallanish notes.
Offers for re-rolling 2mm up thickness SAE 1006 HRC from China are prevailing at $690-700/tonne cfr Vietnam. This compares with position cargoes heard at $680/t cfr previously. Commercial SS400 grade 3-12mm HRC offers are heard at around $650/t cfr Vietnam. Kallanish …
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Anonymous
Very good overview of the weekly steel market.
Anonymous