With the beginning of this week imported HRC offers to Vietnam reported a further decline from major exporting nations. Market sources based in Vietnam shared that buyers continue to eye for cheaper HRC offers. Although, Chinese steel mills are celebrating Golden Week holidays from 1st Oct to 7 Oct’19.
News ID: 6820 Publish Date : 2019/10/08
This week imported HRC offers inched down further over weaker buying sentiments and lower bids from buyers in Vietnam on large no. of offers. Last week few deals of positioned cargo of Indian origin was sold at USD 505-510/MT, CFR basis.
News ID: 5653 Publish Date : 2019/08/01
As per sources, one of the world's largest steel producer and a leading Russian metal company Magnitogorsk Iron and Steel (MMK) has doubled its metal shipments to Vietnam in CY18 as compared to CY17.
News ID: 4366 Publish Date : 2019/04/20
Following steep decline in Chinese HRC export offers, Bangladesh mills turned active in booking HRC.
News ID: 2987 Publish Date : 2018/12/19
This week imported HRC offers to Vietnam from China witnessed drop by USD 5-10/MT on W-o-W basis following steep fall in export offers from China.Weakening domestic market over dull trades resulted to falling steel prices in China. Nation’s HRC export offers is hovering around USD 535/MT FoB basis.
News ID: 2580 Publish Date : 2018/11/11
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