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14 Jul
13:17

Vietnamese HRC import market rebounds

The hot rolled coil import market has firmed in Vietnam on some acceptance of higher transaction prices, Kallanish notes. Domestic mills recently raised their monthly HRC prices by $10/tonne and this could have provided support to the market. “Chinese prices are going up in recent days,” a trader in Ho Chi Minh City (HCMC) says. Several deals for Chinese 3mm thickness Q195/Q235 grade HRC for August shipment were struck on Thursday at $548/tonne cf…
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