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19 Feb
10:46

Vietnamese HRC market improves on Chinese bullishness

The Vietnamese import market for re-rolling hot rolled coil remained quiet last week, Kallanish understands. Importers are slowly returning after the Lunar New Year holiday which ended on 16 February. Market sentiment has improved due to the stronger Chinese domestic market. Offers for 2-2.5mm thickness SAE 1006 HRC from China are heard at $720/tonne cfr Vietnam and for SAE 1006 2mm thickness coil from South Korea at $780/t cfr. Chinese mills a…
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