The Vietnamese flat steel market has been very quiet in the past week due to the New Year holiday. However, with the return of players to the market following the holiday, prices have indicated increases. Nevertheless, so far there is hardly any activity observed in the local Vietnamese market.
Meanwhile, hot rolled coil (HRC) prices in the Vietnamese market have increased by $20/mt since last week and are now at $620-630/mt ex-works, while cold rolled coil (CRC) prices are at $740-750/mt ex-works, up $10-15/mt week on week. In the meantime, rerolling quality HRC prices for 2 mm are currently at $630-640/mt ex-works, indicating an increase of $20/mt over the same period.
On the other hand, HRC offers from China to Vietnam have also moved up by $20/mt as compared to last week to $600-605/mt CFR.
Flat steel prices move upward in Vietnam after New Year holiday
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.
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.
Hot Rolled Coil
Thickness
0.8 - 5 mm
Width
1,150 - 1,850 mm
Coil
R
Tedarikçi
SAMBHV SPONGE POWER LIMITED