15
Oct
12:51
Vietnam's HRC import market staggers amid uncertainty
The outlook for Vietnam’s hot rolled coil import market continues to be uncertain, Kallanish understands. Demand is still soft as the country slowly recovers from months of strict Covid-19 social distancing measures.
Hoa Phat’s decision on 14 October to lower its HRC prices by $8-9/tonne for December shipments caught some market participants by surprise. They thought the mill’s price reduction would be less steep. However, certain overs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous