Vietnam: Limited trades reported in imported HRC market

This week imported HRC offers for Vietnam from major exporting nations remained largely stable owing to lower buying interest from importers based in Vietnam. Enough inventory with the traders amid decent import bookings and domestic procurement in the past few weeks have also kept the buyers at the side-lines.

However Chinese steel mills raised HRC export offers slightly by $5/t post the Dragon Boat festival holidays scheduled last week.

Current imported HRC offers to Vietnam