A major Russian steel producer is heard to have concluded a deal for around 30,000 t of hot-rolled coil (HRC) to Vietnam. The deal was sealed at $850/t CFR for Dec’21 shipment, Vietnamese sources informed. Towards end-Aug, a deal for 30,000 t of HRC was concluded at $860-870/t CFR for Nov shipment.
In Jan-Jul CY’21, Russia’s HRC/plate exports to Vietnam totalled 143,901 t.
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