Vietnam: Limited offers for imported HRCs, market remains quiet

Vietnam: Limited offers for imported HRCs, market remains quiet

Vietnam’s demand for imported HRCs is still weak, although market activities have picked up gradually since the easing of COVID-related restrictions in early-Oct’21.

  • Indian mills are showing indications at $910-920/t CFR Vietnam, while no firm offers have been heard yet.
  • Unlike China, Japan and South Korea, Russian mills have not opened offers. Offers from Russia last week were at $880/t CFR.

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