22
Mar
12:22
Vietnamese HRC buyers exercise caution amid Chinese rebound
Vietnam’s hot rolled coil import market rebounded last week after falling sharply the prior week, Kallanish notes. Vietnamese buyers continue to steer away because they are wary of continued price fluctuations.
Offer prices for commercial-quality HRC from China lifted by $10-15/tonne, in tandem with the recovery of the Shanghai Futures Exchange. Offers for 3-12mm thickness Q235B HRC from China are prevailing at $535/t cfr Vietnam and for 3mm base thickn…
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Anonymous
Very good overview of the weekly steel market.
Anonymous