10
Jun
12:57
Vietnamese HRC market sinks into oblivion
The Vietnamese hot rolled coil import market continues to be depressed. Some suppliers are lowering offers in a bid to entice buyers but buying interest remains thin, Kallanish notes. “The Vietnamese market is very slow. No one is buying,” a trader says.
A Chinese trader is offering SAE 1006 2-2.5mm thickness HRC from a popular Chinese mill at $750/t cfr Ho Chi Minh City (HCMC). The trader is believed to be reselling its position cargoes for June…
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Anonymous
Very good overview of the weekly steel market.
Anonymous