Tag: Vietnam: Limited buying interest weighs on imported HRC offers

Imported hot rolled coil or HRC (SAE1006) offers into Vietnam continued to remain under pressure from most of the overseas suppliers. Limited buying interest, and continuous decline in Chinese HRC futures has dampened market sentiments in Vietnam. HRC (SAE1006) offers from major exporting countries: China: $680/t CFR from tier II mills, down $10/t from $680-690/t…