[SMM Steel] Vietnam HRC Buying Slows as Buyers Seek Lower Prices

Published: Jul 23, 2026 16:10

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[Vietnam] Vietnam’s HRC market slowed as most buyers completed near-term procurement, while two major domestic mills largely sold out their August-September allocations. Import SAE1006 HRC offers remained at USD 515-520/tonne CFR, while buyer targets were around USD 510/tonne CFR or below. Weak downstream demand kept procurement cautious and need-based.

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