Indian HRC continues to weigh on import prices in Vietnam

Indian re-rolling-grade hot-rolled coil continued to drive down prices for imports of the product sold into Vietnam.

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 $580-585 per tonne for the week ending Monday September 17, down from $585-588 per tonne in the preceding week.

Major Chinese mills offered November-shipment re-rolling grade HRC at $585-590 per tonne...

Published

Paul Lim

September 17, 2018

11:05 GMT

Singapore