Vietnam's Hefa Raises Hot Roll Quotation from June to July by $25/ton

 Keywords: JIS G4051,S55C steel,S55C hot rolled picked steel,S30C steel price,S55C steel supplier,S55C steel manufacturer,S55C steel wholesaler,S55C steel retailer,S55C steel quotation,S55C steel specification

According to the latest S55C steel quotation of Hefa Iron and Steel for hot coils from June to July, the price has been increased by $25/ton compared to the previous one. The latest quotation is $576-578/ton CIF Ho Chi Minh, which is in line with the expected increase of $20-30/ton before the market. The S55C steel price increase this time is mainly due to the reduction in resource trading due to China's price advantage, and the rapid increase of $20/ton in the quote from China Heat to Vietnam. Pricing is based on Vietnamese S55C steel dong, and the quoted price for hot rolling is 14640-14670 dong/kg, with an increase of 930 dong/kg, approximately 25 US dollars/ton.