Tag: Vietnam: Higher preference for domestic material drags down imported HRC offers

Imported HRC offers to Vietnam from China dropped further by $5/t. Limited options among imported HRC and competitive prices of products produced domestically are  keeping buyers away from bookings. Current imported HRC offers: China (SAE1006): $600/t CFR (from tier I or II mills), down by $5/t w-o-w. China (SS400): $570-580/t CFR depending upon mills, unchanged…