Vietnam: HRC import market remains quiet ahead of Tet holidays

Vietnam’s HRC import market remained muted this week as buyers vacated the market ahead of the Tet holidays beginning 1 Feb’22.

Indian mills had withdrawn offers for Vietnam towards the middle of last week. Last heard offers were at around $825-830/t CFR Vietnam. Also, offers from China have dried up ahead of the Lunar New Year holidays.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *