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15 Feb
10:31

Formosa hikes HRC prices to match current market

A Vietnamese strip producer’s latest domestic hot rolled coil price is in line with the current market, Kallanish understands. The mill’s increase of $90/tonne allows it to raise its domestic market share and is also competitive against imports whose prices rose sharply over the past month. Formosa Ha Tinh Steel (FHS) raised its April shipment prices for skin passed SAE 1006 HRC to $845/tonne cif Vietnam. The prices of its non-…
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