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11 Dec
11:12

HRC import prices skyrocket in Vietnam

The Vietnamese import market for hot rolled coil saw offers jump up on Friday, Kallanish understands. Importers were largely restrained from paying up because they are waiting for the release of new monthly HRC allocations by domestic mill, Formosa Ha Tinh. A Chinese mill announced Friday that it was hiking 2.5mm thickness SAE 1006 HRC for end-February shipment to $690/tonne cfr Ho Chi Minh port.  It was offering material at around $660/t cfr during the …
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