Vietnamese HRC demand remains slow

Tuesday, 01 March 2011 17:16:10 (GMT+3)   |  
SteelOrbis has learned that in the Vietnamese domestic market hot rolled coil (HRC) prices stand at $740-745/mt ex-works. It is reported that, although inventory levels are not very high, HRC transactions have continued to remain slow. It is also heard that buyers in the Vietnamese market are hesitating to conclude new bookings due to the slight price softening in Chinese HRC import offers to Vietnam.

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