SteelOrbis has learned that in the Vietnamese domestic market hot rolled coil (HRC) prices have decreased by $20-25/mt from last week's levels to VND 16.2-16.4 million/mt ($775-785/mt), while cold rolled coil (CRC) prices have decreased by $15/mt to VND 19.6-19.7 million/mt ($938-943/mt). It seems that prices declines in international markets have also affected domestic prices in Vietnam.
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.
All prices include VAT.
$1 = VND 20,890