Hot rolled coil import prices are moving up in Vietnam despite continued demand weakness, Kallanish notes. Exporters are pushing for price increases because of improved demand in the EU and South Korea.
However, most Vietnamese buyers prefer to wait for local mills Formosa Ha Tinh Steel (FHS) and Hoa Phat Group (HPG) to unveil their new monthly prices this coming week.
Chinese SS400 3-12mm thickness HRC offer prices rose on Friday after bookings were made a…
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