Import prices for re-rolling-grade hot-rolled coil into Vietnam were stable this past week amid limited spot trading.
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 $470-480 per tonne cfr for the week ending Monday January 7, unchanged from the preceding week.Industry sources said spot negotiations remained thin because many market participants had not returned to the market yet."It is mainly Chinese and Indian mills offering spot cargoes...