23
Dec
11:20
Vietnamese buyers book domestic HRC, Chinese offers widen
Demand for hot rolled coil has improved in Vietnam, Kallanish understands. Buyers have taken in more allocations from domestic mills at levels deemed competitive against imports, particularly from China. Over the past week, HRC offers from China either slipped slightly or stabilised.
Several Vietnamese trading sources report the two domestic mills have fully sold out their latest allocations of HRC. “People were buying to stock-pile material b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous