SteelMint

Tag: Chinese HRC Offers to Vietnam Fall to 1-Year Low

  • Chinese HRC Offers to Vietnam Fall to 1-Year Low

    Chinese HRC Offers to Vietnam Fall to 1-Year Low

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    by

    Pratibha Bajaj
    in

    Imported HRC offers to Vietnam witnessed constant drop in line with lower export offers from major steel producing nations like China, Russia and India.Weaker trades in global market over dull buying results to persistent decline in imported HRC offers to Vietnam. Currently imported HRC (SAE 1006) is assessed around USD 540-550/MT CFR basis. These levels…