Category Archives: Uncategorized

Many mills cut production, causing shortages, not only in China but also in EU and Vietnam. Hoa Phat mill announced to close 4 blast furnaces to maintain the remaining production segments until market demand improved. China billet price inched slightly by $5/ton today, November 9th to $479/ton. Meanwhile, the billet price Vietnam offered at $490 […]

The price of billet in early November fluctuated under the downward pressure of scrap and iron ore prices, but China’s Tangshan billet price increased by $20/mt yesterday, November 1, 2022, making market sentiment a bit volatile, price offer at $470/mt. HRC China price dropped another wave, HRC SS400 price hit $480 and SAE1006 hit $500/mt. […]

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 […]

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 […]

Accordingly, this Circular stipulates 3 times when customs declarants are allowed to submit C/O for imported goods as follows: – The customs declarant submits C/O of imported goods at the time of carrying out customs procedures; – In case C/O for imported goods is not available at the time of customs procedure to enjoy special […]

The entire media is injecting market with the news of rising and rising figures everyday, which causes huge panic for many buyers when prices are skyrocketing in a very short period of time. So is it really that price constantly escalating, what are the reasons and what appropriate preparations should buyers have in this April? […]

Vietnam Chamber of Commerce and Industry (Ministry of Industry and Trade) stated that Ministry of Industry and Trade has just issued Decision No. 2703 / QD-BCT on conducting investigation of anti-dumping measures on some cold-rolled carbon steel products. (cold pressed) in rolls or sheets made in China on September 3. The case was initiated based […]