Tag: SE Asia billet import

Vietnam’s leading steel mill, Hoa Phat, was heard to have lowered its billet export offers by around $40/tonne (t) w-o-w amid subdued domestic sales on extended lockdown restrictions due to rising Covid cases. According to reliable sources, BF-route offers are at $660-665/t CFR China (equivalent to $640/t FoB) compared with $705/t CFR China assessed a…