22
Dec
12:18
Vietnamese HRC import market rises again
Vietnam’s import market for Chinese commercial-quality hot rolled coil remains volatile. Prices have spiralled upwards after falling a week earlier, Kallanish notes. This follows the same trend in Chinese steel futures, which recently rebounded and are currently firm. High-priced raw materials including iron ore are also supporting this latest market upturn.
Offers for China-origin 3mm base thickness Q195 HRC have nudged upwards to $570-575/tonne cfr, up fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous