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The Vietnamese hot rolled coil import market was mostly quiet at the end of last week, Kallanish notes. A national long-weekend holiday started on 1 September. HRC import prices continue to be depressed. Around 7,000-10,000 tonnes of SS400 3-12mm thickness HRC from China was ordered at the start of last week at $570/tonne cfr Haiphong, a Hanoi trader reports. The quantity booked is small because buyers are still waiting for prices to drop further, a Vietnames…
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Anna Low Singapore
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