13
Oct
09:22
Vietnam's HRC market slides on China softening
The Vietnamese hot rolled coil market remains sluggish mainly because Chinese steel market activity has been weak after the Golden Week holiday, Kallanish notes.
Offers for Chinese-origin Q195 and Q235 HRC have fallen to $520/tonne cfr and $523/t cfr Vietnam respectively, traders said on Friday. Bookings for Q195 and Q235 grade HRC, which are likely traders' short-selling cargoes, took place the day before at $516-523/t cfr for Q195/235, he adds. A southern Vi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous