Prices stable in Vietnamese flat steel market, demand on low side

Monday, 03 December 2012 15:42:30 (GMT+3)   |   Istanbul
Domestic flat steel prices in the Vietnamese market have remained unchanged over the past week, while demand has failed to register improvement. 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, import offers to Vietnam have also remained stable over the same period. HRC offers from China to Vietnam are still standing at $570-575/mt CFR, while offers for 2 mm rerolling quality HRC from China to the same destination are at $595/mt CFR. In addition, ex-Japan 2 mm rerolling quality HRC prices stand at $580/mt CFR. However, Vietnamese buyers are interested in offers at the price level of $560/mt CFR.

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.
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.
Hot Rolled Coil
Thickness:  0.8 - 5 mm
Width:  1,150 - 1,850 mm
Coil:   R
SAMBHV SPONGE POWER LIMITED

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