Asia HRC prices dip on poor demand

Asian hot-rolled coil price dipped in the week to Friday May 26, mainly due to persistently weak demand in major import destination Vietnam, sources told Fastmarkets.

Price cuts announced by a major Vietnamese producer also failed to generate much interest because buyers are not looking to increase inventories.

“Most buyers have enough stock [already, so] are...


Nabilah Awang

May 26, 2023

10:21 GMT