Hot rolled coil (HRC) prices in the Vietnamese domestic market are at $560-565/mt ex-warehouse, while cold rolled coil (CRC) prices stand at $680-685/mt ex-works. Meanwhile, rerolling quality HRC of 2 mm thickness is now being quoted at $575-585/mt ex-warehouse.
On the import side, Chinese HRC offers to Vietnam are at $565-575/mt CFR, while only small volumes of transactions are being concluded. In the meantime, offers for rerolling quality HRC of 2 mm thickness from China stand at $585-590/mt CFR, while offers from Japan are at $610-615/mt CFR, and South Korean offers are at $620/mt CFR.
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.