Demand has remained weak in the Vietnamese flat steel market, while traders' local prices have followed a stable trend over the past two weeks. Meanwhile, market players are adopting a wait-and-see stance as ex-China offers have started to soften.
In the Vietnamese domestic market, hot rolled coil (HRC) prices are still at $620-630/mt ex-warehouse, while cold rolled coil (CRC) prices stand at $740-750/mt ex- warehouse. In the meantime, prices for rerolling quality 2 mm HRC prices are still being quoted at $640-650/mt ex-warehouse.
On the other hand, HRC offers from China to Vietnam have moved down by $5-10/mt as compared to two weeks ago to $620/mt CFR and it is heard that some deals have been concluded at $615/mt CFR. Meanwhile, South Korean and Japanese offer prices for rerolling quality 2 mm HRC are still at $670-685/mt CFR, indicating no changes over the same period.
Prices generally stable in Vietnamese flat steel market
Marketplace Offers
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness
0.4 - 2.5 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness
0.8 - 5 mm
Width
1,150 - 1,850 mm
Coil
R
Tedarikçi
SAMBHV SPONGE POWER LIMITED
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