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22 Aug
12:48

Vietnamese HRC market flutters without direction

The direction of Vietnam's hot rolled coil import market remains uncertain, Kallanish notes. Deals and offers of Chinese HRC have slipped in recent days but a pick-up on the Shanghai Futures Exchange (SHFE) on Tuesday may provide support for the Vietnamese market. Deals for 3mm base thickness SS400/Q195 are heard to have taken place last Friday and Monday at around $540/tonne cfr Vietnam. A trader in southern Vietnam reports hearing several deals totalling aro…
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