23
Jul
12:30
Vietnamese HRC importers bid lower amid Covid-19 uncertainty
Vietnam’s hot rolled coil import market continues to be dragged down by Covid-19 curbs and uncertainty, Kallanish understands. Buying interest is confined to limited imported origins, including Indian and Russian material. Chinese HRC is currently not offered in Vietnam.
Vietnamese buyers are giving bids of $880/tonne cfr Vietnam against an offer of $900/t for SS400 grade HRC from a certain Indian mill. “I think buyers can accept $890/t cfr if tra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous