Author: Pratibha Bajaj
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Vietnam: Imported HRC offers under pressure, buyers await domestic price announcements
Vietnam’s imported HRC market witnessed a price correction in a deal reported from India last week. An Indian mill had booked 30,000 tonnes (t) of HRC cargo for Aug’21 delivery towards last weekend at $915-920/t CFR Vietnam, down from the mill offers of $940-950/t CFR during the previous week. Current week’s offers- Indian mills are…