25
Feb
14:10
Traders short-sell commercial HRC in Vietnam
Vietnam’s hot rolled coil import market saw prices for Chinese-origin commercial material slip for the second consecutive week, Kallanish notes. Traders were seen short-selling commercial quality HRC from China last Thursday.
“Some traders are very aggressive,” a Chinese trader says on the price tumble. Offers for 3-12mm thickness SS400 HRC were at around $810/tonne cfr Vietnam. Another confirmed a deal for early-May shipment at $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous