Vietnam's hot rolled steel coil import price continues to rise sharply by 55-90 US dollars / ton

According to foreign media reports, on May 14, the assessed import price of hot rolled steel coil in Vietnam was US $1050-1100 / T (CFR, Vietnam), up by US $55-90 / T (mainly for 2-3mm rerolling grade SAE1006 hot rolled steel coil and similar products).

According to Vietnamese market news, last week, Vietnam's mainstream steel plant, Hejing steel, raised its domestic quotation of hot rolled steel coil (non descaling) in July from US $110-120 / T to US $1030 / T (CIF), and its export quotation to US $1100 / T (FOB), adding US $5 / T to the quotation of descaling and rerolling hot rolled steel coil. Last week, Vietnam Hefa group also released the latest quotation of hot coil in domestic market, which is 1020 US dollars / ton (CIF, Central Vietnam); US $1022 / T (CIF, Southern Vietnam).