01
Apr
09:47
Chinese HRC prices rise in weak Vietnamese market
Chinese-origin hot rolled coil prices in Vietnam continue to rise, Kallanish notes. However, demand is still sluggish and prices are still trailing behind many other markets outside Southeast Asia.
Chinese-origin 3-12mm thickness SS400 HRC was recently booked at $885/tonne cfr Vietnam, Chinese traders said on Friday. This compares to deals taking place at $870/t cfr a week earlier. Current offers are at $890-900/t cfr, trading sources say. “I think that…
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Anonymous
Very good overview of the weekly steel market.
Anonymous