Vietnam HRC prices rise amid tightening Indian supply

Import prices for re-rolling-grade hot-rolled coil sold to Vietnam rose over the past week amid lower supply of Indian HRC in the spot market.

Fastmarkets MB’s weekly import price assessment for HRC in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $480-490 per tonne cfr for the week ended Monday January 21, up $2-10 per tonne from $478-480 per tonne cfr from the preceding week. While the...

Published

Paul Lim

January 22, 2019

06:02 GMT

Singapore