09
Aug
11:24
Vietnamese HRC market bleeds further
The Vietnamese hot rolled coil market has continued to suffer from negative sentiment, Kallanish notes. Offer prices continued to spiral downward after dipping below the $500/tonne level earlier in the week.
Aggressive suppliers are unloading position cargoes, mostly for prompt August shipments, trading sources say. Several leading traders were previously heard to have booked large volumes.
Offers for Indian SAE 1006 2mm and up t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous