Vietnam HRC import prices narrower on deals done

Import prices for re-rolling grade hot-rolled coil (HRC) into Vietnam were narrower in the week ending Monday December 4 on deals done for India-origin cargoes.

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 $555-560 per tonne cfr, narrowing from $552-565 per tonne cfr a week earlier.
Most discussion were around $555-560 per tonne cfr Vietnam, sources said. Traders said there were China- and India-origin cargoes being transacted within that range.

End users, meanwhile, said...

Published

Paul Lim

December 04, 2017

09:01 GMT

Singapore