Tag: CFR Basis
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Imported HRC prices in Vietnam increase in recent deals from India
Key highlights: – Two Indian HRC export deals concluded for end Apr-May shipments – Chinese mills raise offers further on possible rebate cuts – Market awaits price revision by Formosa, expected to raise offers by $20-25 Indian steel mills have managed to conclude HRC export deals at increased offers of $745-750/t CFR Vietnam, up by…