SteelOrbis has learned from a Vietnamese international trader that they are receiving some offers from CIS countries in the range of $370-380/mt CFR Vietnam for January shipment. However, currently Vietnamese importers are considering acceptance of the CIS offers due to the approach of the Chinese Lunar New Year and their expectation that demand from end-users will likely decline accordingly.
Ex-CIS billet offers to Vietnam
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CIS Consumption
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