Flat steel prices in Vietnam generally follow sideways trend

Tuesday, 11 June 2013 16:34:27 (GMT+3)   |   Istanbul
Chinese flat steel offers to Vietnam declined at the weekend and then entered a stable trend, following the slight increase observed last week. However, Vietnamese buyers have been hesitating to conclude deals due to the fluctuating price trend and the existence of plenty of unconfirmed offers in the market.

Hot rolled coil (HRC) prices in the Vietnamese domestic market are still at $545-555/mt ex-warehouse, while cold rolled coil (CRC) prices stand at $670-675/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 no changes as compared to last week. In the meantime, Chinese offers for rerolling quality HRC of 2 mm thickness are now at $520-530/mt CFR, decreasing by $5-10/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.   

Marketplace Offers

Hot Rolled Coil

Thickness 1.5 - 25 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Cold Rolled Coil

Thickness 0.4 - 2.5 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Hot Rolled Coil

Thickness 0.8 - 5 mm
Width 1,150 - 1,850 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

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