Flat steel demand indicates no improvement in Vietnam

Wednesday, 06 July 2011 14:43:23 (GMT+3)   |  
Demand is still low in the Vietnamese flat steel market due to the government's tight monetary policy within the scope of its anti-inflation measures.
 
In the Vietnamese domestic flat steel market, local producers' domestic hot rolled coil (HRC) offers are still at VND 16.1-16.3 million /mt ($783-793/mt), while their cold rolled coil (CRC) offers have declined by $10/mt to VND 17.6 million /mt ($856/mt), both for deliveries to customer.
 
$1 = VND 20,565

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