24
Mar
12:10
Vietnamese HRC import market slumps
The Vietnamese hot rolled coil import market has fallen in the past week, in tandem with a weaker Chinese domestic steel market. But buyers are hesitating to accept lower-priced offers because they are waiting for prices to steady, Kallanish notes.
An offer for a 10,000-tonne position cargo of Chinese 2mm up thickness SAE 1006 HRC for early April shipment was available at $670/tonne cfr Vietnam on Friday, trading sources in Vietnam report. “Customers are too…
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Anonymous
Very good overview of the weekly steel market.
Anonymous