15
Feb
07:55
Vietnamese HRC market takes breather
The Vietnamese HRC market slowed down towards the end of last week, Kallanish notes. Buyers are monitoring the falling steel futures market in China. Also, importers were taking a backseat because sole producer, Formosa Ha Tinh, is due to announce its monthly domestic prices on Tuesday.
The Vietnamese import market had increased strongly in recent weeks due to stock replenishment buying activity. Vietnamese trading sources reported two deals for 2mm and up thick…
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Anonymous
Very good overview of the weekly steel market.
Anonymous