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Flats: Vietnam's import market for commercial-grade hot-rolled coil tumbled on short sales by Chinese sellers. Low-priced transactions have been concluded, but the volatile market has also made Vietnamese buyers more cautious in purchasing.
Longs: The Southeast Asian rebar import market saw few deals in April due to weak demand in regional markets. The market was quiet amid some holidays in April in certain regional markets.
Semis: The Philippine billet import market has been in poor shape almost all the way through April. Chinese traders are constantly undercutting with short sales in a fight to secure deals. Local buyers, however, withdrew from the market.
Raw Materials: The pullback in the international scrap market and weak local demand for steel in Vietnam led to lower activity in the Vietnamese scrap market in April.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous