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24 Apr
12:37

Vietnamese HRC flattens amid uncertainties

The Vietnamese hot rolled coil import market was relatively stable during the last week, Kallanish notes. While market sentiment has improved due to the recent easing of movement curbs in nearly all areas of the country on Thursday, buyers remain cautious about demand prospects for finished steel. Indian-origin SAE 1006 hot rolled 2-2.7mm thickness coil for June shipment is currently offered at $400/tonne cfr Vietnam. Deals transacted at $396-4…
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