Chinese mills lower HRC export offers for Vietnam by $20 w-o-w

Imported HRC offers for Vietnam have seen a decline after Chinese mills resumed offers post decline in domestic offers. Currently, Chinese HRC (SAE 1006) export offers are heard around $515/t CFR basis, compared to $535/t last week. Upcoming Chinese holidays are likely to keep market sentiments dull in the near term, sources highlighted SteelMint.


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