26
Mar
10:31
Vietnamese re-rolling HRC draws near $800
The Vietnamese hot rolled coil import market is still firming, Kallanish notes. Suppliers continue to hike offers in a market which is seeing freight rates reach record levels and China temporarily withdraw export offers as it awaits clarity over steel export rebates.
A Vietnamese stockist is heard to have booked a cargo for Indian 2mm and up thickness SAE 1006 HRC at $780/tonne cfr on 24 March. The Indian mill has since raised fresh offers to $800/t cfr, Vietname…
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Anonymous
Very good overview of the weekly steel market.
Anonymous