According to market sources,
billet prices in the local Vietnamese market have not recorded much change as compared to last week and have continued to range at $418-424/mt ex-warehouse. Meanwhile, Vietnamese
billet offers to export markets are at $384-388/mt FOB.
On the other hand, looking at the import side, Chinese
billet offers to the Vietnamese market are at about $350/mt CFR, while some ex-Japan
billet deals are heard to have been concluded in
Vietnam for 130S x 6 mm products at $360/mt CFR Hai Phong.