Flat steel demand in the Vietnamese market has remained weak, while prices have trended sideways over the past week. Accordingly, hot rolled coil (HRC) prices are still standing at $580-590/mt ex-works, while cold rolled coil (CRC) prices are at $730-735/mt ex-works and rerolling quality HRC prices for 2 mm are at $590-600/mt ex-works.
On the other hand, HRC offers from China to Vietnam are unchanged at $570-575/mt CFR, while offers for 2 mm rerolling quality HRC from China to the same destination are now at $585/mt CFR, indicating a decline of $10/mt since last week. In addition, ex-Japan 2 mm rerolling quality HRC prices stand at $580/mt CFR. However, Vietnamese buyers are interested in offers in the price range of $560-565/mt CFR.
Prices in Vietnamese flat steel market
Marketplace Offers
Hot Rolled Coil
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
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
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 0.4 - 2.5 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness: 0.8 - 5 mm
Width: 1,150 - 1,850 mm
Coil: R
SAMBHV SPONGE POWER LIMITED
Thickness: 0.8 - 5 mm
Width: 1,150 - 1,850 mm
Coil: R
SAMBHV SPONGE POWER LIMITED