19
Jul
15:07
Chinese HRC prices falter further in Vietnam
China-origin hot rolled coil prices in Vietnam remain depressed last week, Kallanish notes. Low demand and market bearishness have persisted. Indonesia-based regional HRC market entrant Dexin started offering in the market at a value some sources deemed to be too high.
Last Friday, 10,000 tonnes of 3-12mm thickness Q235 grade from China for end-September shipment was transacted at $513/tonne cfr Vietnam. Suppliers subsequently hiked offers in the late afternoon to…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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