04
Mar
13:21
HRC heats up in Vietnam, ASEAN
The Vietnamese import market for hot rolled coil has sprung to life in tandem with Europe’s frenzy to purchase material, Kallanish notes. Exporters of Chinese HRC continue to hike offers after making price gains during the week. Offers for re-rolling HRC have crossed $900/tonne cfr Vietnam.
Offers for Chinese 2-2.5mm thickness SAE 1006 HRC for May shipment are prevailing at $900-910/t cfr Vietnam. A 20,000-tonne cargo for this grade HRC from a popu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous