Tag: Imported HRC offers on increased supply

  • Imported HRC offers to Vietnam fall on increased supply

    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…