Flat steel prices in Vietnam generally follow sideways trend

Tuesday, 11 June 2013 16:34:27 (GMT+3)   |   Istanbul
Chinese flat steel offers to Vietnam declined at the weekend and then entered a stable trend, following the slight increase observed last week. However, Vietnamese buyers have been hesitating to conclude deals due to the fluctuating price trend and the existence of plenty of unconfirmed offers in the market.

Hot rolled coil (HRC) prices in the Vietnamese domestic market are still at $545-555/mt ex-warehouse, while cold rolled coil (CRC) prices stand at $670-675/mt ex-works. Meanwhile, rerolling quality HRC of 2 mm thickness is still being sold in the domestic market at $555-560/mt ex-warehouse.

On the import side, Chinese HRC offers to Vietnam can be found at $515/mt CFR, indicating no changes as compared to last week. In the meantime, Chinese offers for rerolling quality HRC of 2 mm thickness are now at $520-530/mt CFR, decreasing by $5-10/mt over the past week. 

Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.   


Similar articles

Costs on the rise in Vietnamese flat steel market

22 Apr | Flats and Slab

Price levels in Vietnamese flat steel market

24 Mar | Flats and Slab

Import deals concluded in Vietnamese flat steel market

17 Mar | Flats and Slab

Price levels in Vietnamese flat steel market

03 Mar | Flats and Slab

Demand softens again in Vietnamese flat steel market

21 Feb | Flats and Slab

Poor demand in Vietnamese flat steel market

08 Jan | Flats and Slab

Local and import offers in Vietnamese flat steel market

30 Dec | Flats and Slab

Demand remains weak in Vietnamese flat steel market

02 Dec | Flats and Slab

Domestic and import flat steel prices in Vietnam

15 Nov | Flats and Slab

Inventories increase in Vietnamese flat steel market

21 Oct | Flats and Slab

Marketplace Offers

Hot Rolled Coil
Thickness:  1.5 - 25 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness:  0.4 - 2.5 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness:  0.8 - 5 mm
Width:  1,150 - 1,850 mm
Coil:   R
SAMBHV SPONGE POWER LIMITED