08
Jul
09:31
Hot rolled coil market languishes in Vietnam
The Vietnamese hot rolled coil import market remains depressed, Kallanish notes, with market sentiment bearish. The Vietnamese domestic market for SS400 HRC has fallen below import levels in recent days.
The domestic market for SS400 grade HRC is now at the equivalent of $620-630/tonne cfr southern Vietnam. Prices are at around $655/t ex-works, a trader estimates. Stockists are being forced to slash prices in order to make as many sales as possible amid weak deman…
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Anonymous
Very good overview of the weekly steel market.
Anonymous