09
Jun
12:45
Vietnamese HRC market accepts limited price hikes
Vietnam's hot rolled coil import market is quiet amid the strong price uptrend in China, Kallanish notes. Demand is patchy with some deals so far heard only for commercial Q195 grade HRC.
Chinese trading sources report that Chinese Q195 grade HRC has reached $545/t cfr Vietnam. One said that he closed a deal at this level while another said that he received a bid at this level on Friday. Some Vietnamese traders also heard that several deals for Q195 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous