China’s hot-rolled coil (HRC) export offers to Vietnam fell by $10/t w-o-w to $530-535/t CFR HCMC as compared to $540-545/t CFR HCMC last week. This decline in offers is attributed to weaker global market sentiments. In addition, Vietnam’s domestic demand also remains slow, sources informed BigMint. Moreover, China’s SHFE HRC futures showed volatile trend for the week.
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