Tag: China Export Offers
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Vietnam: Imported HRC market turns less active, Indian mills hold back offers
Indian steel majors have put imported HRC offers to Vietnam on hold this week ahead of the Lunar New Year holidays. However, Vietnamese buyers are focusing on domestic procurement after domestic mills slashed their HRC offers in the middle of the month by around $65-75/t for Mar’22 shipments. Current week’s imported HRC offers Chinese offers…