Tag: Vietnam: Imported Chinese HRC offers drop by up to $30/t w-o-w

Imported Chinese-origin hot-rolled coil (HRC) offers into Vietnam dropped w-o-w by $20-30/tonne (t). Limited buying interest in imported HRCs in the Vietnamese market and fall in Chinese futures led to lower offers. In addition, market activities are slow to pick up in Vietnam, hence, buyers are mostly focused on domestic supplies, informed reliable sources. Current…