04
Aug
12:46
Vietnamese commercial HRC trading returns after prices dip
The decline in Chinese hot rolled coil export prices has sparked some buying for commercial quality HRC in Vietnam, Kallanish understands. Some Vietnamese importers were willing to accept offers after they slipped by $20/tonne week-on-week.
Deals for Q195/Q235/SS400 grade HRC took place at $560/t cfr on Thursday. One Vietnamese trader estimates combined volume was around 10,000 tonnes, while another says the orders were a minimum of 10,000t.
Offers during the la…
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Anonymous
Very good overview of the weekly steel market.
Anonymous