31
May
15:52
Vietnam takes stock of Chinese HRC price fluctuation
The Vietnamese market has assumed a cautious approach after certain Chinese exporters lowered offers last week. Market sources are trying to digest and make sense of the price volatility in hot rolled coil offers from China, Kallanish notes.
At the start of last week, the market saw certain Chinese HRC offers fall and they were generally believed to be material which would evade the full Chinese VAT. However, as the Shanghai Futures Exchange began to weaken a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous