ASIA HRC: Furious short-selling sparks chaos in Vietnam

A spike in short-selling activity among traders turned the Vietnamese hot-rolled coil import market chaotic in the past week.

Fastmarkets' price assessment for steel HRC import, cfr Vietnam - which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam - was $475-479 per tonne...

Published

Paul Lim

August 19, 2019

10:41 GMT

Singapore