Hot rolled coil (HRC) prices in the Vietnamese domestic market stand at $540-545/mt ex-warehouse, while cold rolled coil (CRC) prices are still at $665-670/mt ex-works. Meanwhile, rerolling quality HRC of 2 mm thickness is still being quoted at $560-565/mt ex-warehouse.
On the other hand, Chinese HRC offers to Vietnam are unchanged at $545-550/mt CFR, though no deals have been heard so far at these levels as local buyers consider these prices to be on the high side. In the meantime, offers for rerolling quality HRC of 2 mm thickness from China can be found in the range of $560-565/mt CFR.
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.