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01 Mar
10:23

Vietnamese HRC market struggles to find buyers

Vietnam’s hot rolled coil market continues to struggle amid weak home demand, slow export demand for Vietnamese coated steel, and sluggish market sentiment in China, Kallanish notes. Domestic producer, Hoa Phat Dung Quat lowered its list sales prices by around $12/tonne for its latest domestic HRC price allocations on 1 March. The company's quotes for non-skin passed SAE1006 or SS400 grade HRC, due for delivery in May and June, have been set at the…
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