Vietnam HRC import prices down to four-month low

Import prices for re-rolling-grade hot rolled coil in Vietnam have dropped for the fourth straight week, as buyers refrained from booking amid expectations of further drops in China.

Metal Bulletin’s assessment for HRC import prices into Southeast Asia – which takes into account Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam – was $475-480 per tonne cfr for the week ended Monday April 3, down by $5-13 per tonne from the preceding week.

Prices are...

Published

Juan Weik

April 05, 2017

12:14 GMT

Singapore