22
Oct
13:06
Vietnamese HRC market recovers
Sentiment in Vietnam’s hot rolled coil market has improved, Kallanish understands. Trading sources are optimistic the market has bottomed and import buying, which has so far been patchy, will soon return strongly.
Two Vietnamese re-rollers are heard to have ordered on 19-20 October a combined 30,000 tonnes of 2mm and up thickness SAE 1006 HRC for December shipment from an Indian mill at $880/tonne cfr Ho Chi Minh City. That Indian mill has since raised …
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Anonymous
Very good overview of the weekly steel market.
Anonymous