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03 Mar

Chinese HRC offer prices rise sharply in Vietnam

The hot rolled coil market remains strong in Vietnam, Kallanish notes, while Chinese HRC export prices keep rising. Some Vietnamese buyers are bidding for Q1195 HRC from China at $645/tonne cfr Vietnam. A prompt shipment of Chinese-origin Q195 HRC was booked at $645/t cfr Vietnam. The 1,000-2,000-tonne cargo is due for early-April shipment. Chinese prices rose sharply on Friday, with quotes for Q195 HRC hiking to at least $655/t cfr, a Hanoi trader says. He …
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