04
Jun
13:09
Vietnamese HRC market slackens
Vietnam's commercial grade hot rolled coil market has slipped this week as certain Chinese suppliers are aggressively lowering prices. At the same time, Vietnamese HRC producer Hoa Phat Dung Quat recently lowered its domestic values for August shipments, Kallanish notes.
The market is seeing some offers for Q235 HRC from China at $530-535/tonne cfr Vietnam. This is $10/t lower from last Friday. “Very aggressive agents are inviting bids,” a Vietname…
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Anonymous
Very good overview of the weekly steel market.
Anonymous