27
Jan
12:14
Vietnamese HRC wavers further
The Vietnamese hot rolled coil market continues to weaken, Kallanish notes. A domestic mill has announced prices reflective of the current market. Traders say they expect bearish sentiment to prevail for the next two weeks as the market starts to wind down for the Lunar New Year holiday.
In the past two days, two Chinese mills sold 3,000 tonnes and 10,000t respectively of 2.3-3mm thickness SAE 1006 HRC at $645/tonne cfr and $652-655/t cfr Vietnam. The cargoes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous