Hot rolled coil (HRC) prices in the Vietnamese domestic market are still at $550-555/mt ex-warehouse, while cold rolled coil (CRC) prices can be found at $675-680/mt ex-works. Meanwhile, rerolling quality HRC of 2 mm thickness is still being sold in the domestic market at $555-560/mt ex-warehouse.
On the import side, Chinese HRC offers to Vietnam are now at $525-527/mt CFR, indicating an increase of $10-12/mt as compared to last week. In the meantime, Chinese offers for rerolling quality HRC of 2 mm thickness are now standing at $540/mt CFR, moving up by $5/mt over the past week.
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.