Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
Vietnam (November 6th) announced last week the prices of hot rolled steel coils for SAE1006 and SS400, with a price of around 570 US dollars per ton, an increase of 10 US dollars per ton compared to the previous quotation. It is reported that all domestic quotas for hot rolled HCT780T+Z steel coils in November have been sold out. The quotation for the hot rolled steel coil from China is between $550 and $560 CFR Vietnam, but there is currently no reported transaction. The demand in the local market is average, although the Chinese resource market has strong competitiveness, the transactions are average. In terms of export markets, the United States and Europe have some demand for Vietnamese hot rolled HCT780T+Z steel coils and galvanized HCT780T+Z steel sheet coils. Japan, South Korea, Taiwan, China, China SAE1006 hot coil quotation range is 575 dollars -585 dollars CFR Vietnam (December shipping date). In terms of Asian cold rolls, with the rise of prices in the Chinese market, it is reported that a Chinese export quotation is between 630-640 US dollars per ton FOB. However, buyers generally believe that the market inventory is not low, and the trend of superimposed demand is not obvious, so there are not many transactions in the market.
