02
Dec
15:11
Chinese HRC offers rise further in Vietnam
The Vietnamese hot rolled coil market continues to see Chinese export offer prices rise because of the robust rebound in Chinese domestic futures markets, Kallanish notes. However, the depressed Vietnamese market will continue to limit any strong price uptrend.
Chinese offers for 3-12mm thickness SS400 HRC for January shipment have moved up to $555-560/t cfr last week, and even as high as $565/t cfr on Friday. This is up from $545/t cfr during the 25 Novembe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous