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07 Jan
16:52

Formosa hikes HRC domestic prices amid stronger market

Vietnamese producer Formosa Ha Tinh Steel (FHS) has hiked its latest monthly domestic hot rolled coil prices by 5%. The mill’s new prices are considered fair amid the current firm market. The mill announced on 8 January that the March-shipment price for non-skin-passed SAE 1006 HRC would be set at the equivalent of $635/tonne cfr Ho Chi Minh City (HCMC), company sources tell Kallanish. The mill’s prices for SS400/pipe-making grades HRC are th…
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