Vietnam’s import market continues to be sluggish amid weak demand and high inventories. The commercial-grade hot rolled coil segment is faring better than the rerolling grade, Kallanish notes.
Offers for 3-12mm thickness SS400 HRC from China are now at $600-610/tonne cfr Vietnam, about the same levels as the previous week’s $605-620/t cfr. Buyers are currently bidding SS400 HRC at $595-600/t, regional, trading sources say.
Some trading sources r…
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