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16 Feb
12:03

Vietnam HRC market pauses for Lunar New Year

Vietnam’s hot rolled coil import market continued to be frozen last week because of the long Lunar New Year holiday celebrated in Vietnam and China, Kallanish notes. Despite the holiday officially ending at the end of the week in both countries, market participants were still in holiday mode and some have not yet returned to work. There are no fresh HRC offers from China yet, a trader in Ho Chi Minh City says. She noted on Friday that her Chinese contacts …
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