Hot rolled coil (HRC) prices in the Vietnamese domestic market are now at $550-555/mt ex-warehouse, indicating an increase of $5/mt on the lower end since last week, while cold rolled coil (CRC) prices have moved up by $5/mt over the same period to $675-680/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 an increase of $10/mt as compared to last week. In the meantime, Chinese offers for rerolling quality HRC of 2 mm thickness are now at $535/mt CFR, moving up by $20/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.