Fastmarkets’ weekly price assessment for steel HRC import, cfr Vietnam, which mainly looks at 2-3mm rerolling-grade SAE1006 HRC and equivalent products, was at $508 per tonne on Monday August 24, up by $3-8 per tonne from $500-505 per tonne cfr Vietnam
a week earlier.
A transaction involving 20,000 tonnes of October-shipment HRC from a major Indian steelmaker was confirmed at $508 per tonne cfr Vietnam. The cargo was bought by a major rerolling mill.
Another transaction involving a September-shipment...
