Vietnam HRC import prices stable on unchanged fundamentals

Import prices for re-rolling grade hot-rolled coil (HRC) into Vietnam were stable in the week ending Monday November 13, on unchanged fundamentals.

Metal Bulletin’s price assessment for HRC imports into Southeast Asia – which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam – was $550-560 per tonne cfr, unchanged from a week earlier.

Buyers kept bids low on continued weak downstream demand and...

Published

Paul Lim

November 13, 2017

08:43 GMT

Singapore