21
Jul
12:06
Vietnamese HRC market picks up
The hot rolled coil import market in Vietnam continues to rise in tandem with the increase in Chinese prices, Kallanish notes. Commercial HRC deals are more active and the gap between commercial-quality and re-rolling HRC is narrowing. With the two Vietnamese strip mills selling out their domestic HRC allocations for September, demand is picking up.
The market for SAE 1006 HRC is quiet. Offers for 2mm up thickness SAE 1006 HRC from China are prevailing at $58…
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Anonymous
Very good overview of the weekly steel market.
Anonymous