Category Archives: Uncategorized

Is the sharp drop in construction steel prices a signal for the next HRC price drop?

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 […]

Scrap prices increase, while construction steel prices decrease

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 price fluctuations in Vietnam market

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 […]

Customs alert: Deadline for C/O Submission under EVFTA with the market upcoming

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 […]

Vietnam Steel Coil Market – Forecast Till End Of April

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 Officially Investigates Anti-Dumping China’s CRC

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 […]