11
Aug
10:39
Vietnamese HRC import market languishes
The Vietnamese hot rolled coil market remains soft, in line with weakness in the Chinese domestic steel market, Kallanish understands. Suppliers of commercial-grade HRC from China have reduced export prices.
Deals for Q235 grade HRC took place at just under $550/tonne cfr Vietnam on Thursday, trading sources in southern Vietnam report. “Some deals [for Q235 grade] took place at $548/t cfr [cfr Vietnam], but not many deals. This was the lowest traded level du…
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Anonymous
Very good overview of the weekly steel market.
Anonymous