28
Apr
13:00
Vietnamese HRC market calms down for holiday
The Vietnamese hot rolled coil market remains soft but the very low prices previously being thrown out by suppliers were absent on Friday, Kallanish notes. The market is subdued ahead of the five-day Labour Day holiday, which is celebrated in both Vietnam and China.
A Vietnamese trader reports receiving an offer for Chinese 2mm-2.75mm thickness SAE 1006 HRC from either of three Chinese mills, for shipment by end-June, at $630/tonne cfr Vietnam. The offer is subjec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous