Tag: Imported HRC Offers to Vietnam

Vietnam: Imported HRC trades on hold as market awaits Chinese comeback from holidays

Oct 5, 2020

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by

Pratibha Bajaj

in HRC

The imported HRC market in Vietnam remains muted due to the on-going Chinese National day holidays until 8 Oct. However, in the last week, the imported HRC offers from China had witnessed a steep decline of around $20/t from $535/t CFR Vietnam to $515/t CFR basis to induce buying interest. Vietnam based sources shared with…