30
Oct
11:22
Chinese and Vietnamese HRC prices increse steadily
Both Chinese and Vietnamese hot rolled coil prices are creeping up. Higher prices have become acceptable for buyers in Vietnam, while Chinese offers have remained largely steady, becoming among the most competitive available, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,980-4,000/tonne ($594-597/t), up CNY 40/t from the previous Friday. On the Shanghai Futures Exchange, the October 2021 HRC contract cl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous