According to Mining News Pro -Last week Vietnam’s domestic producer Formosa Ha Tinh Corporation announced fresh HRC prices this week at USD 600/MT CFR for Nov shipments.
Meanwhile Chinese and Indian mills are offering imported HRC to Vietnam at USD 575-580/MT CFR and Russian mill is offering at USD 565-568/MT CFR Vietnam.
Current HRC trades & offers for Vietnam - Week 39
1. HRC (SAE 1006) 2-3mm / Chinese offer - Baosteel Steel is at USD 580/MT CFR Vietnam.Last offer was at USD 585/MT CFR.
2. HRC (SAE 1006) 2-3mm / Chinese offer - Rizhao Steel Offer at USD 578/MT CFR basis.Last offers stood at USD 580/MT CFR basis.
3. HRC (SAE 1006) 2-3mm / Russian offer - MMK Steel offer at USD 568/MT CFR basis.Last offers were at USD 574/MT, CFR.
4. Confirmed trade deal heard last week of HRC (SAE 1006) 2-3mm / Russian offer - MMK steel of around 30,000 MT at USD 565/MT CFR Vietnam.
5. HRC (SAE 1006) 2-3mm / Indian offer - major Indian mill offer at USD 575-580/MT CFR basis.
http://www.miningnewspro.com/en/News/270230/Vietnam: Imported HRC Market Turns Silent Amid Fewer Bookings