Author Archives: Vui Hapval

US: US HRC price ranges from $800-810/tons, CRC price ranges from $1190-1200/tons, with a slight increase compared to last week. China: China’s price on the morning of October 10 has slightly increased by $5-10/tons to stimulate demand, HRC SS400 price is at $550-555/tons, SAE1006 is at $575-580/tons. Meanwhile, steel billet price adjusted slightly lower than […]

Korea: Steel factories in Korea simultaneously increased scrap buying prices to $14/ton, causing scrap prices reached $371-$399/ton depending on the region. The reason for the price increase is due to scarcity, reduced inventory. Vietnam: For steel pipes, steel mills in Vietnam are still holding prices, there is no signal of adjustment. There are only 2 […]

The market is still covered by the waiting sentiment, the bullish signal is still unclear in all areas. There are some domestic bullish signals from Hoa Sen steel mill with an increase of $15/mt. Local businesses are expecting prices to rebound after a long holiday in China from October 1 to October 7. HRC China […]

HRC hot-rolled price has not changed significantly because the market demand is not strong. While China’s domestic HRC price has slightly increased by $580-590/mt, other markets are still in a state of waiting for better demand from the market. Previously, the Chinese market had traded more than 100 thousand tons of HRC at a price […]