Ex-China steel plate prices down significantly since late Dec
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After weeks of very slow import activity in the scrap market in Vietnam, buyers have started to increase bids amid their need to restock.
Local Indian cold rolled coil (CRC) prices have continued on a decline, divergent to the trend seen in hot rolled coil (HRC) prices.
Local India hot rolled coil (HRC) traded prices have recorded slight gains amid the pick-up in trade activities.