Tag: Vietnam imported HRC offers

  • Vietnam: Imported HRC offers fall sharply on lower bids

    Vietnam: Imported HRC offers fall sharply on lower bids

    Triggered by a decline in Chinese offers and lower bids from Vietnam’s end users, imported HRC offers to Vietnam fell steeply by up to $40/t w-o-w. Chinese domestic prices have started softening on weaker futures and slow buying, adversely affecting it’s HRC exports. Imported HRC offers are falling due to following reasons: Falling Chinese offers-Major…