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Flats: Vietnam's import market for commercial-grade hot-rolled coil saw prices soften for most of August until sentiment picked up again at the end of August once China ramped up stimulus policies for the property market.
Longs: The Southeast Asian rebar import market traded in a trough throughout August. The market was calm and liquidity was significantly reduced.
Semis: The ASEAN billet import market saw prices almost flat in August, with buying demand weakening after briefly holding steady in early August. Earlier expectations that a stronger Chinese domestic market would drive regional steel prices higher have been dashed by the reversal in the Chinese futures market.
Raw Materials: The continued price gap between sellers and buyers for imported scrap continues to hinder deals in Vietnam.
Country Trade Data:
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous