18
Apr
11:46
Vietnamese HRC importers remain on sidelines
Vietnamese importers of hot rolled coil have been largely inactive this week, Kallanish notes. They are waiting for sole domestic producer Formosa Ha Tinh to announce its new domestic sales prices at the end of the week.
Two Vietnamese importers ordered 40,000 tonnes of Brazilian-origin SAE 1006 HRC, for June shipment, at $540/t cfr Vietnam on Tuesday.
Indian-origin SAE 1006 2mm and up thickness HRC is offered at $545/t cfr this week, but trade…
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Anonymous
Very good overview of the weekly steel market.
Anonymous