31
Mar
17:04
Vietnamese buyers opt out of HRC import market
The Vietnamese hot rolled coil import market inched up slightly on Friday after falling earlier in the week. Buying interest is thin because importers are not convinced that the price uptick is sustainable, Kallanish notes.
Deals for Chinese-origin SS400 grade HRC had slipped to lows of around $630/tonne cfr Ho Chi Minh City at the start of last week. Offer prices then bounced back to $640-645/t cfr on Friday. Offers for 2mm and up thickness Chinese-origin SAE 100…
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Anonymous
Very good overview of the weekly steel market.
Anonymous