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Vietnam: Imported HRC supplies from China drop to 2-year lows

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An indicate note is the deals at that time got on an increase because mid-May 2020, after COVID-19 had actually simply started spreading out after preliminary couple of instances were reported in December 2019. Market scenario 1. Absence of company provides from India: Offers for non-alloyed HRCs from India have been limited given that the levy

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Imported HRC (SAE1006) offers to Vietnam from China dropped to almost 2-year lows at $555-560/t CFR this week. Buyers continued to remain less inclined towards imported HRCs despite a downward silde in global HRC prices in the recent past. Similar le...

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