Import prices for re-rolling-grade hot-rolled coil into Vietnam rose in the past week on expectations of higher iron ore prices and limited offers from China and India.
Fastmarkets MB's weekly import price assessment for HRC in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $500-510 per tonne cfr for the week ending Monday February 4, up $5-10 per tonne from $495-500 per tonne cfr in the preceding week.Offers were...