HRC and CRC prices in local Vietnamese market

SteelOrbis has learned that in the Vietnamese domestic market hot rolled coil (HRC) prices have decreased by $10/mt from last week's levels to VND 16.7-16.9 million/mt ($800-810/mt), while cold rolled coil (CRC) prices have remained unchanged at VND 19.9-20 million/mt ($954-959/mt). Domestic HRC and CRC prices had increased last week due to the strength of the dollar.
 
In the meantime, rerolling quality HRC prices in Vietnam have decreased to VND 17.1-17.2 million/mt ($820-824/mt) for deliveries to customer.
 
$1 = VND 20,865