Indian Steel Mill Books 20,000 MT HRC for Export to Vietnam
Wednesday, April 17, 2019 - 2:11:17 PM
www.steelmint.com

According to Mining News Pro - A major Indian steel mill based in western region booked around 20,000 MT of HRC with Vietnam at USD 541-543/MT CFR Vietnam for April end May shipments.

Prior this, last week end users in Vietnam also booked few quantities of HRC ( big coils) from Russian origin MMK steel at around USD 530-535/MT CFR basis for June shipments as it takes longer time in transportation from Russia to Vietnam.

Meanwhile imported HRC offers to Vietnam from China is at USD 545-550/MT CFR basis

However end users in Vietnam are now waiting for price revision from their domestic steel producer Formosa Ha Tinh for June shipments.

Indian HRC/plates exports in CY18- As per the data maintained with SteelMint ,Indian flat steel exports stood at 5.23 MnT in CY18.Out of which Indian HRC/plate exports to Vietnam stood at 0.47 MnT occupying the share of 9.04% in CY18.


http://www.miningnews.ir/En/News/360364/Indian-Steel-Mill-Books-20,000-MT-HRC-for-Export-to-Vietnam
Close   Print