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20 Oct
05:28

Vietnamese HRC import market stays weak

The Vietnamese hot rolled coil import market remains slow with no apparent signs of a pick-up, Kallanish notes. Chinese import offers are at the same levels as the previous week. Domestic producer, Formosa Ha Tinh's (FHS) latest release of strip allocations last Thursday does not excite the market because its HRC prices are deemed as high. Offers for Chinese-origin 3mm base thickness Q195 and 3-12mm thickness Q235 HRC are prevailing at around $520/tonne cfr an…
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