13
May
15:04
Chinese HRC slips in Vietnam, local price awaited
The Vietnamese hot rolled coil import market remains weak, with lower-priced Chinese offers available, Kallanish notes. Vietnamese buyers are not keen to book imports because domestic producer Formosa Ha Tinh Steel will be releasing its new monthly allocations soon.
Offers for SAE 1006 2mm and up thickness HRC from China were prevailing at around $800/tonne cfr on Friday, compared to $820-830/t cfr earlier last week. Chinese SS400 grade 3-12mm thickness HRC p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous