8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Vietnamese HRC market inactive

2016-08-11 08:56:44   【Print】
BEIJING (Asian Metal) 11 Aug 16 - Though some traders are eager to lift prices seeing rising purchasing costs, the overall HRC price in Vietnam keeps generally stable for the moment, in line with a slow market.Asian Metal Copyright Insiders foresee a firm price in coming several days.Asian Metal Copyright The mainstream price of SS400 4.0-12mm imported from China is VND9,200,000/t (USD412/t) VAT included.Asian Metal Copyright “Prices from Chinese mills are a little bit chaotic right now, ranging from USD390-400t CFR Haiphong, but our selling price here is only USD412t and there is almost no profit gained when transportation and other fees are taken into consideration,” he disclosed.Asian Metal Copyright Insiders foresee a firm price in coming several days.

A trader in Phu Tho reported to Asian Metal that his price for HRC SS400 4.0-12mm imported from China is VND9,200,000/t (USD412/t), stable compared with last Friday.

Holding a low stock of 1,000t at hand against 2,000t in March-April, the source does not plan to replenish the stockpile in the near future, complaining thin profit caused by the rising purchasing cost. “Prices from Chinese mills are a little bit chaotic right now, ranging from USD390-400/t CFR Haiphong, but our selling price here is only USD412/t and there is almost no profit gained when transportation and other fees are taken into consideration,” he disclosed.Asian Metal Copyright The mainstream price of SS400 4.Asian Metal Copyright With the current sales volume of 20-30tpd against 100tpd in early March, the relatively peak season, the source sold 1,000t in July.

Another trader in Bing Duong revealed that his price for HRC SS400 4.0-12mm imported from China is VND9,200,000/t (USD412/t), equivalent to last Friday.

According to the source, the price he received from Chinese Baotou Steel is as high as USD400/t CFR Haiphong this week, soared by USD15/t over last week, so that most local traders like him are eager to move prices up by VND200,000/t (USD9/t), but downstream customers refuse to purchase at higher prices. “The rigid demand is absent since continuous rains make the progress of construction projects slow down obviously.Asian Metal Copyright Another trader in Bing Duong revealed that his price for HRC SS400 4.Asian Metal Copyright Besides, end users are inactive in building large stocks and just purchase according to urgent needs,” explained the source, with the sales volume of 3,000t in recent one week, against 4,500t per week in late July.Asian Metal Copyright Holding a low stock of 1,000t at hand against 2,000t in March-April, the source does not plan to replenish the stockpile in the near future, complaining thin profit caused by the rising purchasing cost.Asian Metal Copyright The source sold 15,000t totally in last month.Asian Metal Copyright The source sold 15,000t totally in last month.Asian Metal Copyright Holding a stock of 15,000t at hand, lower than the regular level of 18,000t, he refuses to supplement the inventory in the short term after an order of 4,000t last week, with wait-and-see attitude.

.Asian Metal CopyrightBEIJING Asian Metal 11 Aug 16 - Though some traders are eager to lift prices seeing rising purchasing costs, the overall HRC price in Vietnam keeps generally stable for the moment, in line with a slow market.Asian Metal Copyright