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25 Mar
11:22

Vietnamese bid higher for Chinese commercial HRC

The Vietnamese market for commercial quality hot rolled coil imports is more active than for rerolling HRC imports, Kallanish notes. Consequently, the commercial HRC import market has firmed  whereas the rerolling HRC market is stagnant. The market is booking only Chinese material. There are no offers from other Asian mills including Japan, Korea, Taiwan and India. Chinese SS400 3-12mm thickness HRC  for May shipments are recently transacted at…
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