According to Mining News Pro -This week imported HRC offers to Vietnam remained stable amid weak trades and limited bookings among Vietnamese buyers. Meanwhile Chinese HRC export offers also fell further and continued to remain on lower side.

In addition to this,Vietnam domestic Formosa Steel recently announced its fresh offers last week.The company has sharply cut its HRC SAE 1006 offers with skin pass by USD 30/MT M-o-M and is presently assessed at USD 570/MT CIF Ho Chi Minh City.Last offers was assessed at USD 600/MT CFR basis.

 

Current HRC trade offers to Vietnam - Week 43, 2018

 
1.HRC (SAE 1006) 2-3mm / Chinese offer - Benxi Steel is at USD 565/MT CFR Vietnam.

2.HRC (SAE 1006) 2-3mm / Chinese offer - Laiwu Steel is at USD 555/MT CFR Vietnam.

3.HRC (SAE 1006) 2-3mm / Chinese offer - Rizhao Steel is at USD 560/MT CFR Vietnam.

4.HRC (SAE 1006)) 2-3mm/ Korean offer- Hyundai Steel offer at USD 585/MT CFR basis.Last offers were at USD 590/MT CFR basis.

5.HRC (SAE 1006)) 2-3mm/ Indian offer at USD 560-565/MT CFR basis.

http://www.miningnewspro.com/en/News/287114/Vietnam: Imported HRC Offers Remain Stable Over Thin trades