It is reported that China steel export quotations to Vietnam are stimulated by domestic market prices currently.

Mysteel learnt that Chinese commodity grade HRC with boron is priced at USD 590 per tonne to USD 600 per tonne CFR and rerolling grade HRC is posted at USD 620 per tonne to USD 630 per tonne CFR.

However, steel demand from end users in Vietnam remains weak. Most importers there are reluctant to accept the high quotations.

(Sourced from MySteel.net)
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