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...

Published

Paul Lim

April 30, 2018

10:30 GMT

Singapore