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02 Mar
07:49

Vietnamese buyers pay up for Chinese re-rolling HRC

Vietnam’s importers have been actively buying Chinese re-rolling hot rolled coil in recent days, Kallanish notes. Prices for transactions this week rose by $20/tonne on-week and suppliers are telling buyers that they plan to hike prices further. Bookings of Chinese 2-2.5mm SAE 1006 grade HRC took place this week for May shipment mainly from four Chinese mills at $870-880/tonne cfr Ho Chi Minh City. This compares to $855-865/t cfr late last wee…
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