Tag: Imported HRC offers decline
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Imported HRC offers for Vietnam reel under pressure; down by $20 w-o-w
Chinese mills have lowered HRC export offers significantly after they turned active for exports following a sharp cut in domestic offers. Imported HRC offers for Vietnam from China’s leading mills like Benxi, Rizhao Steel etc are currently assessed at $515/t CFR Vietnam which was around $535/t CFR basis a week ago. Few position cargoes trades…