Ex-China HRC offers to Vietnam slide down and place downward pressure in region

Monday, 03 June 2019 00:38:29 (GMT+3)   |   San Diego

According to sources close to SteelOrbis, ex-China HRC offers of SAE 1006 grade to Vietnam have decreased consistently since mid-April 2019, when offers were reportedly at $550-555/mt CFR. Price have now reportedly declined to $510-520/mt CFR, down $40/mt from the bottom of the previous range and $35/mt from the top of the same range. The decline in HRC offers from China to Vietnam is reportedly dampening HRC import offers from other destinations to the region such as Russia, India and Japan.


Similar articles

Notable rebar, wire rod, pipe, HRC, plate, billet and slab shipments into the US, March 1-7

15 Mar | Steel Matters

Notable rebar, pipe, HRC, wire rod, slab, HDG and plate shipments into the US, Jan 26- Feb 1

09 Feb | Steel Matters

Buyers cautious as US import OCTG prices drop

02 Nov | Tube and Pipe

Buying activity still slow in Vietnamese flat rolled market

11 Apr | Flats and Slab

Vietnam-based POSCO-VST seeks to increase production

19 Mar | Steel News

US flat steel prices steady to up; cold weather, slim imports and scrap support

07 Feb | Flats and Slab

Global View on HRC: Selective supply tightness supports prices despite soft demand

06 Feb | Flats and Slab

Turkey’s HRC imports up 7.9 percent in 2025

06 Feb | Steel News

US HRC imports down 49.7 percent in November 2025

06 Feb | Steel News

Lively HRC sales to Europe raise Turkish export prices, local hike attempts remain indicative amid quiet demand

05 Feb | Flats and Slab

Marketplace Offers

Hot Rolled Coil
Thickness:  2 mm
Width:  1,500 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness:  2.5 mm
Width:  1,200 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness:  2.5 mm
Width:  1,000 mm
Coil:   R
S235JR
YÜCEL BORU VE PROFİL END. A.Ş.