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The Vietnamese hot rolled coil import market is subdued, apart from small-tonnage higher-priced bookings of Chinese SS400 grade HRC, Kallanish notes. Certain small-volume buyers are bidding higher for 3-12mm thickness SS400 HRC from China. Recent small-tonnage contracts have been concluded at $760-765/tonne cfr northern Vietnam. “They need July shipments,” a Hanoi trader says of the buyers there. They are using the HRC mainly for construction…
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Anna Low Singapore
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