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The Vietnamese hot rolled coil market has risen but price gains are modest, Kallanish notes. While locally produced HRC remains more competitive than imported material, demand remains depressed in Vietnam. Offers for Chinese 2mm and up thickness SAE 1006 HRC offers are prevailing at $560-570/tonne cfr Ho Chi Minh (HCM), Vietnamese trading sources observe. Indian SAE 1006 HRC offers were recently hiked to $560/t cfr from $540/t cfr. Taiwanese SAE 1006 HRC is a…
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Anna Low Singapore
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