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Vietnam’s import boom continues to decline

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Recently, the prices of various types of imported hot coils from Vietnam have shown a downward trend. Among them, the quotation for Q195 (3mm) has dropped by more than 10 US dollars/ton CFR in more than half a month, to 530 US dollars/ton CFR, with a price difference of approximately 10 US dollars/ton A1011 Grade 45(310) steel CFR compared to Q235. Similarly, the price of SAE1006 (2mm) also decreased slightly to $580 per ton of CFR. At present, there is strong demand in the Q195 market, and there have been no recent transactions in the SAE1006/SS400 market, seemingly waiting for further price declines A1011 Grade 45(310) steel.

  • Source: Abstract
  • Editor: Shirley

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