Buying interest boosts Vietnam's HRC import prices

Import prices for re-rolling-grade hot-rolled coil into Vietnam strengthened over the past week as buying interest among end-users picked up.

Metal Bulletin’s assessment of HRC import prices in Southeast Asia – which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam – was $552-565 per tonne cfr for the week ending Monday November 20, up $2-5 from a week ago.

Buyers submitted bids at $545-550 per tonne cfr Vietnam, with some of them looking to secure cargoes below...


Paul Lim

November 20, 2017

09:46 GMT