Latest situation in Vietnamese billet market

According to market sources, billet prices in the local Vietnamese market have declined by VND 200/kg ($9/mt) compared to two weeks ago to the range of VND 8,900-9,000/kg ($409-413/mt) ex-warehouse, for June shipment.
 
On the other hand, looking at the import side, Chinese billet offers to Vietnam are at $343/mt CFR, while a billet deal from China to Taiwan has been concluded during the past week at $340/mt CFR.
 
$1 = VND 21,788