In the beginning of this week imported HRC offers to Vietnam have remained stable after domestic major mill Formosa Ha Tinh announced its HRC prices towards the end of last week for June shipments.
Formosa announced increase in HRC offers by USD 5/MT for May end June shipments.
According to company sources, offers for HRC (SAE 1006 skin pass) is currently assessed around at USD 556/MT CIF Ho Chi Minh City.And HRC of SS400 grade is at USD 551/MT,CIF basis.
Current HRC offers to Vietnam – Week 17, 2019
1.HRC (SAE 1006) 2-3mm/Chinese offer – Benxi Steel is at USD 550/MT CFR Vietnam.
2.HRC (SAE 1006) 2-3mm/Chinese offer – Laiwu Steel is at USD 543/MT CFR Vietnam.
3.HRC (SAE 1006) 2-3mm/Indian offer – Tata Steel is at USD 545/MT CFR Vietnam.
4.HRC (SAE 1006) 2-3mm/Indian offer – JSW Steel is at USD 545/MT CFR Vietnam.
5.HRC (SAE 1006) 2-3mm/Russian offer – MMK Steel is at USD 525-530/MT CFR Vietnam.
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