Tag: Imported HRC offers on increased supply
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Imported HRC offers to Vietnam fall on increased supply
HRC offers from Japan and South Korea fell by $15/t w-o-w as Vietnamese buyers have sufficient stocks and were unwilling to buy at high prices. Chinese offers were largely stable from last week as domestic demand for HRC remains robust in China. A deal for Baosteel HRC was heard at $448-450/t levels this week. Vietnam has…