04
Nov
14:43
Chinese HRC offers rebound in Vietnam
Chinese hot rolled coil offer prices have rebounded in Vietnam, Kallanish notes. Suppliers raised export prices in tandem with the recovery of the Chinese steel futures.
Suppliers were inviting bids on Friday for 3-12mm thickness SS400 HRC at $505-510/tonne cfr Vietnam and for 2mm and thickness SAE 1006 HRC at $515-520/t cfr for shipment by early January.
A mill manager thinks that the price recovery in China is a technical one because it is rooted to the steel …
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Anonymous
Very good overview of the weekly steel market.
Anonymous