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22 Sep

Vietnamese HRC import market stays sluggish

The Vietnamese hot rolled coil market remains sluggish, Kallanish notes. Weak domestic and export demand continue to depress buying interest. Price volatility has also been denting market sentiment. Chinese HRC offers are at unchanged levels for the past several weeks, trading sources said on Friday. Chinese-origin SAE 1006 2-2.5mm thickness HRC offers are prevailing at $570-575/tonne cfr Vietnam. These are for 50% 2mm thickness material. Offers are limited, with …
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Anna Low  |  Singapore
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