Vietnamese HRC prices continue on downward trend
Thursday, 29 Oct 2009
It is reported that Vietnam's HRC price continued to fall as the price decreased to around USD 530 per tonne due to high stock and weak demand.
Vietnam's traders and CRC mill didn't import HRC, but the HRC stock in Vietnam is still two or three time than the normal level.
It is said that the raining season will be over, but demand has not really recovered.
(Sourced from YIEH.corp)
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