Industry News

COVID-19 makes Vietnam's HRC market in a panic again

Views : 196
Update time : 2020-07-29 22:31:42
Due to recent local confirmed cases of COVID-19 in Vietnam, the government had made the decision of the complete closure of local traffic for 15 days, which caused the hot-rolled coil HRC market in Vietnam had turned to darkness.

According to the sources, some manufacturers had started to sell the inventories with discounts. There was some demand in the local market from small buyers who had not yet placed the order before, and big buyers were keeping wait-and-see attitude as now the market was full of negative sentiment. The possibility of their purchase was low so far.
Related News
Read More >>
Aluminum price expected to be $2,390/ton for 2024 Aluminum price expected to be $2,390/ton for 2024
Sep .19.2024
Aluminum price expected to be $2,390/ton for 2024
China decreases alumina exports in Aug China decreases alumina exports in Aug
Sep .19.2024
China decreases alumina exports in Aug
US’ bauxite imports drop in Q2 due to lower primary aluminum output US’ bauxite imports drop in Q2 due to lower primary aluminum output
Sep .19.2024
US’ bauxite imports drop in Q2 due to lower primary aluminum output
Aluminum stocks at Japan's 3 major ports rise in Aug Aluminum stocks at Japan's 3 major ports rise in Aug
Sep .19.2024
Aluminum stocks at Japan's 3 major ports rise in Aug