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01 Sep

Sellers hike commercial grade HRC offers in Vietnam

The Vietnamese hot rolled coil import market saw Chinese commercial grade HRC export offer prices rise, Kallanish notes. Suppliers of Chinese hot rolled coil hiked offers in tandem with a sharp increase in the SHFE and optimism over the Chinese property sector. Offers for Q235/Q195 grade 3mm thickness HRC from China closed at around $540/tonne cfr Vietnam as recently as Wednesday. However, offers were hiked to $550-553/t cfr Vietnam from Thursday, local trading so…
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Anna Low  |  Singapore
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