Vietnam's HRC import prices stable in quiet market

Import prices for re-rolling-grade hot-rolled coil sold into Vietnam were stable over the past week amid limited trading activity.

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 $590-605 per tonne cfr for the week ended Monday April 30, stable from a week earlier. Market sentiment was mixed, with buyers hesitating to submit bids due to an unclear outlook for HRC prices. “Some buyers are unsure about where prices are heading next and are still...

Published

Paul Lim

April 30, 2018

10:30 GMT

Singapore