Vietnam Market Awaits Clarity on Imported HRC Offers
Thus market participants based in Vietnam, shared that, "Customers have adopted a wait and watch approach as market sentiments remain unclear.”
Meanwhile, SteelMint learned from market sources that Indian steel mills are holding offers currently as they have recently announced price hike (of INR 1500-2000/MT) in the domestic market for Feb'20. Last offers from Indian mills were reported at around USD 545-550/MT, CFR Vietnam.
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