[SMM Steel] Vietnam Import HRC Market Weakens as Buyers Push Lower

Published: Jul 22, 2026 14:51
[Vietnam] Vietnam’s import HRC market remained subdued. Indian SAE1006 offers fell to 515-520 USD/tonne CFR, with some deal discussions at 510-520 USD/tonne CFR, while buyers continued targeting 510 USD/tonne or below. Chinese Q235 sellers sought around 495 USD/tonne CFR, but Vietnamese bids were below 490 USD/tonne CFR, keeping trading cautious.

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[Vietnam] Vietnam’s import HRC market remained subdued. Indian SAE1006 - Shanghai Metals Market (SMM)