Turkish HRC fails to shake Vietnam's import prices

Re-rolling-grade hot-rolled coil from Turkey failed to have much of an effect on the Vietnamese import market over the past week.

Metal Bulletin’s weekly price assessment for HRC imports in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $590-595 per tonne cfr for the week ending Monday August 27, unchanged from a week ago.
Traders said large quantities of Turkish HRC - at least 30,000-40,000 tonnes - was offered to Vietnam.

Some of these were said to have been booked at $585 per tonne cfr Vietnam by at least...

Published

Paul Lim

August 27, 2018

10:35 GMT

Singapore