Steel Pail Raw Material Market: Vietnam's Steel Import And Export Data Both Fell in May

The current price of Q235B hot-rolled coil from China to Vietnam is US$462/ton CFR Haiphong Port, and the price to Ho Chi Minh Port is US$464/ton, which is stable compared with last week. Formosa Ha Tinh Steel's new round of hot-rolled coil prices also remained unchanged this week. According to feedback from local traders, there are not many export inquiries recently. The uncertainty of the current trade war launched by the United States has led to a reduction in purchases in most markets due to the equally sluggish demand