SteelMint

Tag: Buying sentiments subdued

  • Vietnam: Imported HRC offers drop by around $30/t w-o-w

    Vietnam: Imported HRC offers drop by around $30/t w-o-w

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    by

    Kalpesh Padhiar
    in

    HRC offers drop from both China and India Suppliers waiting for firm bids from buyers Lower-prices domestic HRCs preferred over imported  Market demand for imported hot rolled coils (HRCs) in Vietnam remained subdued amid uncertain price directions and anticipation of further decline in offers by around $30/tonne w-o-w. Thus, buyers sustained procurement of domestic material,…