Keyword: "vietnam"

Mining News Pro - Vietnam based mills are heard to have booked 10,000 MT of HRC for imports from the Japan-based Nippon Steel, SteelMint learned in a recent conversation with reliable sources.

Mining News Pro - Imported HRC prices to Vietnam fell further towards the weekend in recent deal being concluded from China. Market sources in Vietnam shared that major steelmaker in China named - Baosteel booked another cargo of 70,000 MT HRC (SAE 1006) for exports to Vietnam at USD 470/MT CFR Vietnam for March shipment.

Mining News Pro - Towards the end of this week imported HRC offers to Vietnam inched up further on the back of hike in offers. However deals at increased offers were not yet reported.

Mining News Pro - SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.

Mining News Pro - VSA Predicts stable growth for Vietnam’s steel consumption

Mining News Pro - SteelMint learned from market participants that imported scrap market in major South East Asian country, Vietnam has observed few bulk trades with sudden decline in scrap prices from Japan however, sentiments remained dull amid more competitive billet prices in the containerized scrap market.

Mining News Pro - This week imported HRC offers to Vietnam from China witnessed drop by USD 5-10/MT on W-o-W basis following steep fall in export offers from China.

Mining News Pro - This week imported HRC offers to Vietnam remained stable amid weak trades and limited bookings among Vietnamese buyers. Meanwhile Chinese HRC export offers also fell further and continued to remain on lower side.

Mining News Pro - The company has cut HRC offers by USD 30/MT and Wire Rod by USD 10/MT on monthly basis. This is company`s 4th consecutive price cut in HRC.

Mining News Pro - The company has cut HRC offers by USD 30/MT and Wire Rod by USD 10/MT on monthly basis. This is company`s 4th consecutive price cut in HRC.

Mining News Pro - This week imported HRC offers from Chinese mills to Vietnam inched up by USD 5-10/MT.End users have concluded few deals with China amid limited offers from Russian and Indian mills for imported HRC to Vietnam.

Mining News Pro - Vietnam has become ASEAN (Association of South East Asian Nations) region’s top steel exporting country with its steel exports recording a rise of 41% at 4.5 MnT in first eight months (Jan-Aug) of 2018 against the corresponding period of previous year.

Mining News Pro - Towards the end of this week imported HRC offers to Vietnam have moved down further by USD 5/MT against offers in beginning of this week. Amid sluggish demand,lower HRC export offers from China and limited bookings from end users in Vietnam in turn leads to imported offers under pressure.

Mining News Pro - Vietnam – one of the fastest emerging steel markets in South East Asia has recorded rise of 30% M-o-M in its monthly scrap imports in Jul’18.

Mining News Pro - This week imported HRC offers to Vietnam inch down by USD 5/MT over competitive pricing and bearish sentiments in Vietnam. Meanwhile Chinese steel mills are on public holiday today on eve of Mid autumn festival.Thus absence of active offers from China resulted in less deals.

Mining News Pro - Vietnam’s major steelmaker, Hoa Phat Group is all set to start four Greenfield blast furnaces at its Hoa Phat Dung Quat steel complex by the end of 2019. Each blast furnace will have a volume of 1,080 cubic meters and capacity of 1.2 MnT per year of hot metal.

Mining News Pro - Vietnam’s major steelmaker, Hoa Phat Group is all set to start four Greenfield blast furnaces at its Hoa Phat Dung Quat steel complex by the end of 2019. Each blast furnace will have a volume of 1,080 cubic meters and capacity of 1.2 MnT per year of hot metal.

Mining News Pro - Vietnam`s domestic steel producer - Formosa Ha Tinh Corporation has today announced fresh steel offers for Nov’18 shipments. Company revises its HRC & wire rod offers on monthly basis which is considered as the benchmark for Vietnamese buyers.

Mining News Pro - According to the data from VSA (Vietnam Steel Association) country’s steel imports have fallen by 11% y-o-y basis to 9.3 MnT in the first eight months (Jan-Aug) of 2018. However, in value terms, the country’s steel imports were up by 10.2% y-o-y basis at USD 6.7 billion as import prices have increased sharply this year.

Mining News Pro - Imported offers of HRC to Vietnam from China move down owing to weak buying interest among end users in Vietnam and lower offers from Turkish mills. Last week Chinese mills had raised HRC offers in line with higher domestic prices. However weak buying interest has kept offers under pressure.

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