08
Feb
08:59
Chinese HRC becomes cheapest in rising Vietnamese market
The Vietnamese hot rolled coil import market has reopened this week with much-anticipated price hikes from overseas suppliers. Chinese HRC offers are now competitive, Kallanish notes.
Although Chinese suppliers have hiked export offers, their quotes are lagging behind other Asian HRC mills who have achieved much higher export prices in tight overseas markets.
Offers for 2mm and up thickness SAE 1006 HRC from China are prevailing at $840-850/tonne …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous