Asian HRC slips, Vietnam demand shows signs of weakness

摘要

The Asian hot-rolled coil market saw muted trading activity on June 25 with bids from market participants in Vietnam plunging amid fundamental demand weakness even as Chinese and Taiwanese market participants remained away on account of public holidays. S&P Global Platts assessed SS400 HRC 3 mm thick HRC at $444/mt on a CFR Southeast Asia basis, down $3/mt from June 24. Separately, Platts assessed SAE1006 HRC at $440/mt on a CFR Southeast Asia basis, down $4/mt over the same period.