[SMM Steel] Vietnam HRC Import Offers Stable as Buyers Remain Cautious

Published: Jul 24, 2026 15:21
[Vietnam] Indian and Indonesian HRC offers remained at USD 515-520/tonne CFR Vietnam, while SAE1006 material was offered at around USD 517.5/tonne CFR. Weak downstream demand kept most buyers on the sidelines and trading limited. Vietnamese slab export offers were stable at USD 480-490/tonne FOB.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel]
7 mins ago
[SMM Steel]
Read More
[SMM Steel]
[SMM Steel]
[SMM Steel] Market feedback: For September shipment of Q195B HRC, the FOB transaction price was $475/mt, shipment port Jingtang Port, destination country Pakistan.
7 mins ago
[Foreign Ministry: Tariff Wars and Trade Wars Are in No One’s Interest]
24 mins ago
[Foreign Ministry: Tariff Wars and Trade Wars Are in No One’s Interest]
Read More
[Foreign Ministry: Tariff Wars and Trade Wars Are in No One’s Interest]
[Foreign Ministry: Tariff Wars and Trade Wars Are in No One’s Interest]
Foreign Ministry Spokesperson Lin Jian presided over a regular press conference. A reporter asked about the new round of US tariff measures that were to take effect today, and whether the Foreign Ministry had any comment. Lin Jian stated that China’s position on China-US economic and trade issues is consistent and clear, that it opposes all forms of unilateral tariff measures, and that tariff wars and trade wars are in no one’s interest.
24 mins ago
China Ready to Collaborate with US on AI, Implementing Presidents' Consensus: Foreign Ministry
26 mins ago
China Ready to Collaborate with US on AI, Implementing Presidents' Consensus: Foreign Ministry
Read More
China Ready to Collaborate with US on AI, Implementing Presidents' Consensus: Foreign Ministry
China Ready to Collaborate with US on AI, Implementing Presidents' Consensus: Foreign Ministry
In response to a question at a regular press conference on the 24th about reports that US President Trump said the leaders of China and the US would discuss AI-related topics, Foreign Ministry Spokesperson Lin Jian stated that head-of-state diplomacy plays an irreplaceable strategic guiding role in China-US relations. China is willing to work with the US side to well implement the important consensus of the two heads of state in the field of artificial intelligence.
26 mins ago