Chinese Mills Raise HRC Export Offers to Vietnam
Imported HRC offers to Vietnam reported slight increase this week amid surge in steel prices from China. Higher export offers from Chinese origin HRC in the starting of the week amid surge in domestic prices in turn leads to marginal increase in imported HRC offers to Vietnam.
On weekly basis imported HRC offer to Vietnam inch up by USD 5/MT.However demand from end users remain limited over tedious buying.
Current HRC Trade offers to Vietnam - Week 15, 2019
1.HRC (SAE 1006) 2-3mm/Chinese offer - Benxi Iron & Steel is at USD 550/MT CFR Vietnam. Last week the offers at USD 545/MT CFR basis.
2.HRC (SAE 1006) 2-3mm/Chinese offer - Laiwu Steel is at USD 543/MT CFR Vietnam. Last week the offers at USD 538/MT CFR basis
3.HRC (SAE 1006) 2-3mm/Japanese offer - Nippon Steel is at USD 575/MT CFR Vietnam.
4.HRC (SAE 1006) 2-3mm/Korean offer - Hyundai Steel is at USD 570/MT CFR Vietnam.
5.HRC (SAE 1006) 2-3mm/Indian offer - JSW Steel is at USD 540-545/MT CFR Vietnam.
6.HRC (SAE 1006) 2-3mm/Indian offer - Essar Steel is at USD 542/MT CFR Vietnam.
source: SteelMint
Top News
Seventeen Days ago
Vale to raise Carajas iron ore output with $12 billion investment
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Agnico Eagle threatens to oust Barrick from No. 2 gold ranking
Ukraine rejects US bid for 50% of rare earth minerals, FT says
Australia’s iron ore export hub to reopen after cyclone weakens
World Copper sells Zonia project for $18M
Glencore weighs ditching London as primary listing
Iron ore price slides as cyclone-led supply fears ease in Australia
World Copper sells Zonia project for $18M
Canagold unveils antimony resource for New Polaris project in British Columbia
Indonesia minister says Freeport can resume copper concentrate exports
US, Ukraine ramp up talks on minerals deal during envoy trip
THE WORLD-LARGEST RETAINED MANDREL SEAMLESS PIPE PLANT WILL BE FQM®
Glencore weighs ditching London as primary listing
Northisle doubles value of British Columbia copper-gold project with new PEA
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Ex-Glencore, Lundin execs launch Moranda Metals
World Copper sells Zonia project for $18M
Canagold unveils antimony resource for New Polaris project in British Columbia
Indonesia minister says Freeport can resume copper concentrate exports
US, Ukraine ramp up talks on minerals deal during envoy trip
THE WORLD-LARGEST RETAINED MANDREL SEAMLESS PIPE PLANT WILL BE FQM®
Glencore weighs ditching London as primary listing
Northisle doubles value of British Columbia copper-gold project with new PEA
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats