Tag: Imported HRC offers to Vietnam remain dull

Vietnam: Imported HRC Trades Remain Slow as Market Awaits Clarity on US Tariff Impact

May 13, 2019

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by

Pratibha Bajaj

in HRC

This week imported HRC offers to Vietnam inch down on weekly basis from China. Chinese steel prices started tumbling since the USA govt announced increase in tariffs to 25% from 10% on USD 200 billion worth of Chinese imports. This led to decline in HRC export offers from China by USD 5-10/MT towards the weekend.Thus…