Weak flats demand in Vietnamese market
SteelOrbis has been informed that in the HRC offers given to Vietnam, Russian mill MMK production 2 mm HRC offers via traders are standing at the level of $630/mt CFR Vietnam, while Taiwanese offers for the same material are at $680-690/mt CFR Vietnam - both for July shipment. Meanwhile, ex-China ready stock 2mm HRC offers given to Vietnam are at $640/mt CFR Vietnam. Traders' import offers to Vietnam are decreasing, while demand remains weak.
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