While monsoon rains have caused a decrease in flat steel demand in Vietnam, ex-China flat steel offers to the Vietnamese market have declined significantly.
In line with weak hot rolled coil (HRC) demand, HRC quotations have decreased by $5-10/mt as compared to last week and are now standing at $635-645/mt ex-works, while cold rolled coil (CRC) prices are stable at $810-815/mt ex-works.
On the import side, Chinese HRC offers are currently at $645-655/mt CFR, ex-China prices for products available from stocks are at $630/mt CFR for prompt shipments. On the other hand, Russian producers' HRC offers to Vietnam are at $635-645/mt CFR.
Vietnamese flat steel market hit by monsoon rains
Tags: Crc Hrc Flats Vietnam Russia China Far East Southeast Asia East Asia and Pacific CIS Steelmaking
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Hot Rolled Coil
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Width: 1,000 - 1,500 mm
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DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 1.5 - 25 mm
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Cold Rolled Coil
Thickness: 0.4 - 2.5 mm
Width: 1,000 - 1,500 mm
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DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 0.4 - 2.5 mm
Width: 1,000 - 1,500 mm
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Thickness: 0.8 - 5 mm
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