Flat steel prices in
Vietnam have been following a sideways trend, with hot rolled coil (
HRC) domestic base prices still at $635-640/mt ex-works and cold rolled coil (
CRC) prices at $780-790/mt ex-works, both excluding VAT.
On the import side, Chinese
HRC offers to
Vietnam have indicated a decline of $40/mt since last week and are now at $580-590/mt CFR, while import offers from
Russia to
Vietnam for 2 mm re-rolling
HRC have gained clarity in line with firm bids, with prices decreasing by $40-45/mt to $580/mt CFR. On the other hand, ex-
China boron-added re-rolling
HRC import offers to
Vietnam stand at $600/mt CFR.