19
Aug
11:26
Vietnamese HRC import market falters again
Vietnam’s import market has fallen sharply once again, Kallanish notes.
Offer prices for Chinese 3-12mm thickness S400 hot rolled coil for October shipments fell sharply on Friday to $580-585/tonne cfr Ho Chi Minh City, say trading participants in Vietnam and China. The offers come from traders who are short-selling these cargoes.
“There is a big drop in prices today,” a southern Vietnamese trader said on Friday. But he thinks the latest Chines…
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Anonymous
Very good overview of the weekly steel market.
Anonymous