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29 Dec

Vietnamese re-rolling HRC market edges upwards

Vietnam’s re-rolling hot rolled coil import market is rising, Kallanish notes. Buying interest has improved. Sellers continue to press for higher prices especially after gaining price acceptance. A Vietnamese stockist/trader booked 30,000 tonnes of 2mm up thickness SAE 1006 HRC on around 26 December for March shipment from a popular Chinese mill at $610/tonne cfr Ho Chi Minh City, trading sources report. HRC from the same Chinese mill is now offered at $620/…
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