China’s hot-rolled coil (HRC) export offers to Vietnam decreased by $5/t w-o-w to $520-525/t CFR against $525-530/t CFR HCMC. Moreover, a deal of around 20,000 t has been heard concluded at similar price levels for Sep’24 shipments. Prices inched down w-o-w amid competitive domestic prices in Vietnam along with China’s falling SHFE futures.
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