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Vietnam may suspend imports of HRC

Market demand is still depressed in Vietnam; in addition, due to the influx of a large amount of HRC from Russia and Ukraine, Vietnam may suspend imports of HRC in next several months.

Vietnam consumed around 150,000-170,000 tons of HRC in 2008, but demand has slipped by 50 percent; it is expected that these imports will not be easily consumed.

Author: Anh Vu, Source: Yieh