Hot rolled coil (HRC) prices in the Vietnamese domestic market are stable at $565-570/mt ex-warehouse since last week, while cold rolled coil (CRC) prices have dropped by $10/mt, decreasing to $690-695/mt ex-works. Meanwhile, rerolling quality HRC of 2 mm thickness is being sold in the domestic market at $570-580/mt ex-warehouse, indicating no changes since last week.
On the import side, Chinese HRC offers to Vietnam have followed a stable trend since last week at $540/mt CFR. In the meantime, Chinese offers for rerolling quality HRC of 2 mm thickness are now at $545-550/mt CFR, decreasing by $15/mt over the same period.
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.