Author: Kalpesh Padhiar
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Vietnam: Imported HRC preference falls amid bearish sentiments
Demand for imported HRCs in Vietnam continues to remain low, dragging down offers from major exporting nations. The buying preference for domestic products increases amidst concerns arising out of the new Omicorn variant and rising cases in Vietnam. Current week’s imported HRC (SAE1006) offers – a) Indian HRC offers decreased to around $815-825/t CFR. b)…