Vietnam HRC import prices continue declining in quiet market

December 25, 2018 / www.metalbulletin.com / Article Link

The Vietnam HRC import market maintained its downward trend in the past week on thin spot trade.

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 December 24, down from $480-490 per tonne cfr in the preceding week.There were negotiations for one India-origin cargo of about 20,000 tonnes to be delivered to...

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