Tag: Vietnam: Imported HRC offers from China drop to 2-year lows on subdued buying

Imported HRC (SAE1006) offers to Vietnam from China dropped to almost 2-year lows at $555-560/t CFR this week. Buyers continued to remain less inclined towards imported HRCs despite a downward silde in global HRC prices in the recent past. Similar levels were last heard towards mid-November 2020. On a weekly comparison, the offers are identical.…