Tag: Vietnam: Imported HRC offers edge down on weaker market sentiments

Imported HRC offers into Vietnam witnessed a marginal decline from major exporting countries like China and Japan. Moreover, Vietnamese steel major Formosa announced a reduction of $17/tonne in its HRC prices for December and early-January 2023 sales to $593/t CIF Ho Chi Minh City (HCMC) a week back. This, alongside slow domestic demand in Vietnam,…