21
Apr
12:41
Vietnamese buyers opt for competitive Chinese HRC
A large Vietnamese order for rerolling hot rolled coil from a tier 1 Chinese mill reflects that domestic hot rolled coil is not competitive, Kallanish notes. Chinese export prices of hot rolled coil and other steel products will come down further because of the CNY depreciation in recent days, a Chinese trader notes.
A Vietnamese stockist and a large reroller ordered 100,000t of wholly 2mm thickness SAE 1006 grade HRC for June shipment from a t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous