24
Nov
11:05
Vietnamese HRC market increases on higher Chinese prices
The Vietnamese hot rolled coil import market continues to inch upwards in line with the upturn in the Chinese domestic market, Kallanish notes. The price gap between commercial-quality and re-rolling strip is narrowing.
Offers for 2-2.5mm thickness SAE 1006 HRC from China are prevailing at $585/tonne cfr Vietnam, up from $580-585/t cfr the week before. A leading Vietnamese stockist was heard to have ordered 30,000 tonnes of SAE 1006 HRC for January shipment f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous