14
May
12:15
Vietnam's HRC market sentiment shifts after shooting up
The price rally in Vietnam's hot rolled coil market continued during early last week, Kallanish notes. However, bullish market sentiment appears to have shifted after the deep downward corrections in Chinese steel futures.
Domestic producers released fresh offers for hot rolled coil during the past week. Hoa Phat’s July/August shipment price for SS400/SAE 1006 HRC was raised to $1,018/t cfr northern Vietnam and $1,022/t cfr …
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Anonymous
Very good overview of the weekly steel market.
Anonymous