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22 Jul
15:35

Trading activity disappears from Vietnamese HRC import market

Vietnam’s hot rolled coil import market continues to be frozen amid abysmally weak demand, Kallanish notes. There was hardly any trading activity last week apart from several small-tonnage deals for Chinese SS400 HRC. Deals involving 2,000-5,000-tonne September-shipment cargoes of 3-12mm thickness SS400 HRC from a certain Chinese mill transacted on 21 July at $550/tonne cfr Vietnam, Chinese and Vietnamese market sources report. However, most Chinese mil…
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