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29 Dec
09:25

Chinese HRC prices increase further in Vietnam

Vietnam’s import market for Chinese hot rolled coil continues to move upwards, Kallanish notes. Chinese suppliers have been hiking offers in tandem with the stronger iron ore market and steady sentiment in China. An order for 20,000-30,000 tonnes of 2mm and up thickness SAE 1006 HRC for shipment by end-February was placed through the week of 29 December at $605/tonne cfr Ho Chi Minh City. The week before, a 20,000t parcel of Chinese 2mm and up thickness SAE …
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