05
Apr
12:08
Vietnamese HRC import market recovers
Vietnam’s hot rolled coil import market stabilised and lifted last week after sinking to lows at end-March, Kallanish notes. The market was quiet from Thursday because Chinese suppliers were on holiday.
Last Wednesday, offers for 3-12mm thickness Q235B HRC for May/early-June shipments from China were at around $515/tonne cfr Vietnam. Offers for 3mm base thickness Q195 HRC were at $508/t cfr. Deals for Q235B HRC took place at the offered level, a Hanoi trader…
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Anonymous
Very good overview of the weekly steel market.
Anonymous