08
Mar
12:02
Chinese HRC prices fall in Vietnam
Vietnam’s hot rolled coil import market remains depressed amid a drop in Chinese prices, Kallanish notes.
Offers for 2mm and up thickness SAE 1006 HRC from China’s Tier I mills are currently at $585/tonne cfr Vietnam. However, there are also lower-priced offers heard at $575/t cfr from the lower-tier mills. Offers are for new production HRC and from many mills, a trader in Ho Chi Minh City said on Friday. “Maybe the suppliers are short selli…
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Anonymous
Very good overview of the weekly steel market.
Anonymous