20
Jul
10:40
Vietnamese buyers bid lower for HRC
Vietnam’s hot rolled coil import market remained weak last week, Kallanish notes. Certain suppliers were enticing buyers with prices below the general offered levels of $600-610/tonne cfr.
Two deals were concluded last week at under $600/t cfr. Early last week a trader sold 10,000t of re-rolling grade Chinese 2-2.5mm thickness SAE 1006 HRC to a Vietnamese re-roller at $595/t cfr. This Chinese mill has since raised its offer to $600/t cf…
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Anonymous
Very good overview of the weekly steel market.
Anonymous