Imported hot-rolled coil (HRC) offers from China to Vietnam inched down by $5/t w-o-w to $540-545/t CFR HCMC against $545-550/t CFR HCMC a week ago. A deal of around 40,000 t was heard concluded at similar price level for Jul’24 shipment. China’s steel export volumes to Vietnam rose by 235,478 t m-o-m to 1,101,136 t in May against 865,658 t in Apr.
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