Author: Pratibha Bajaj
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Price rally continues in Vietnam’s imported HRC market, trades remain limited
The imported HRC offers in Vietnam have increased by around $20-40/t w-o-w basis from major exporting nations amid bullish trends hovering in the global market. Factors driving the imported HRC offers to Vietnam- 1. Improved demand in China and strengthening RMB – The Chinese mills have been enjoying better demand and margins in the domestic…