05
Feb
12:01
Vietnamese HRC market recovers amid China rebate rumours
The import market for re-rolling hot rolled coil in Vietnam was quiet last week, Kallanish understands. Importers delayed making purchases because of the approaching Tet (Lunar New Year) holiday.
“There is no time to issue LCs; most companies in Vietnam will be closing early next week,” a local trader said on Friday.
The market has bottomed out amid rumours that the Chinese export tax rebate on HRC will be reduced f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous