11
Nov
13:11
Suppliers sharply hike Chinese HRC offers to Vietnam
The Vietnamese hot rolled coil market saw offer prices for Chinese HRC surge on Friday, Kallanish notes. Suppliers are also seen to be withdrawing from the market. The Chinese domestic steel market sentiment has rebounded strongly on some easing of Covid restrictions and the US equity rally.
Offers for 3-12mm thickness SS400 HRC are prevailing at around $530/tonne cfr Vietnam and for 2mm and up thickness SAE 1006 HRC, $550-560/t cfr. Only the w…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous