SteelOrbis has been informed that hot rolled coil (HRC) prices in the Vietnamese domestic market are at VND 7,400-7,500/kg ($329-334/mt) ex-warehouse, while prices of rerolling quality HRC of 2 mm thickness are at VND 7,500-7,600/kg ($334-338/mt) ex-warehouse, with all prices for September delivery.
On the other hand, Chinese HRC offers to Vietnam are at $270-275/mt CFR, while Chinese offers for rerolling quality HRC of 2 mm thickness to the same destination are at $280-283/mt CFR, both for November shipment.
$1 = VND 22,469