Demand is still slow in the Vietnamese flat steel market. SteelOrbis has learned from market sources that in the Vietnamese domestic market hot rolled coil (HRC) and cold rolled coil (CRC) prices stand at $720-725/mt and $860/mt respectively, both ex-works. However, market insiders state that these price levels may see a softening in the coming period.
While only a few ex-China flat steel offers are available in the Vietnamese market, a Chinese steelmaker has offered HRC at $705-710/mt CFR, causing other Chinese steelmakers and traders not to give any offers since they are currently unable to offer prices as low as this one. In the meantime, it is reported that, due to weak demand from Vietnamese buyers, no firm bids have been placed so far in response to the offer in question.
Vietnamese flat steel demand remains slow
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.