18
Mar
11:04
Vietnamese domestic HRC prices rise above Chinese imports
Another Vietnamese strip producer has sharply hiked its prices for new hot rolled coil allocations, Kallanish notes. Hoa Phat Dung Quat Steel announced a $85/tonne increase for its May/early-June shipments on Friday.
Hoa Phat’s new prices for SAE1006/SS400 grade HRC are at VND 20,850/kg ($910/t) to northern Vietnam, and VND 20,900/kg to central and southern Vietnam. The prices, which exclude VAT, are for non-skin passed strip and are…
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Anonymous
Very good overview of the weekly steel market.
Anonymous