The Asian hot rolled coil market was largely stable July 22, as buyers in Vietnam waited for more clarity on the near-term outlook while bullish sentiment continued to boost Chinese physical and futures prices to the highest level in one year. S&P Global Platts assessed SS400 HRC 3 mm thick at $465/mt FOB China on July 22, up $2/mt day on day. On a CFR Southeast Asia basis, the same grade of coil was assessed at $460/mt, unchanged from July 21.
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