Hot-rolled coil prices in Asia continued to gain last week, forcing buyers to restock after several months of hesitation.
Fastmarkets' assessment for steel HRC import, cfr Vietnam, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $443-445 per tonne cfr for the week ending Monday November 18, up $5-13 per tonne from a week earlier.India remained the largest HRC seller to Vietnam, with several cargoes delivered at $443-445 per tonne cfr Vietnam last week.Sources did not disclose tonnages, but said normally HRC deals...