19
Jul
12:36
Chinese HRC rebounds in Vietnam, prices remain volatile
Suppliers of Chinese hot rolled coil hiked export offer prices in Vietnam at the start of this week, in tandem with the rebound in Chinese steel futures, Kallanish notes. Demand in Vietnam, however, still remains very depressed.
Export offers of 3-12mm thickness Chinese-origin SS400 grade HRC for September shipment rose to $590/tonne cfr Vietnam this week, trading sources in China and Vietnam say. Offers hit lows of around $560/t cfr last Friday.
“Offers ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous