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08 Sep

Vietnamese HRC market fluctuates in tandem with SHFE

The Vietnamese hot rolled coil import market continues to see volatility in Chinese-origin offers, Kallanish notes. This is in tandem with fluctuating price movements on the Shanghai Futures Exchange (SHFE). Offers for Q235/Q195 grade 3mm thickness HRC from China dipped slightly on Friday when the SHFE tanked. Suppliers were inviting bids at $537/tonne cfr, down from offers at around $539-540/t cfr on Thursday. The low-priced offers are from suppliers who ar…
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Anna Low  |  Singapore
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