10
May
09:28
Chinese HRC export prices tumble in ASEAN
The Vietnamese hot rolled coil import market suffered a sharp price fall at the start of this week, Kallanish notes. Buyers are still hesitating because of market bearishness.
“Demand is still very, very weak,” a Chinese trader says. Chinese SS400 grade 3-12mm thickness HRC prices are prevailing at $780/tonne cfr Ho Chi Minh City, compared to $810/t cfr last Friday, most trading sources say. Offers for SAE 1006 HRC are prevailing at $820-830/t cfr, co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous