Vietnam HRC import prices stable on year-end lull

Import prices for re-rolling-grade hot-rolled coil into Vietnam were stable over to Monday January 1 amid a trading lull at the year-end.

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 $565-575 per tonne cfr for the period, unchanged from a week earlier.
Bids from end-users remained stable at $560-565 per tonne cfr Vietnam but there were no buyers who were actively in search of spot cargoes.

India-origin position cargoes from Bhushan Steel...


Paul Lim

January 02, 2018

06:26 GMT