06
Jun
10:15
Hoa Phat cuts HRC prices despite China uptick
Vietnam's Hoa Phat Dung Quat has reduced its price for new domestic allocations of hot rolled coil for July shipment, Kallanish notes. The producer's latest price is around $40/tonne lower than last month. Weak domestic demand continues to drag on market sentiment.
Its non-skin passed SAE1006 or SS400 grade HRC has been set at the equivalent of VND 13,430/kg, or around $570/t, cfr Ho Chi Minh City (HCMC), down from VND 14,360/kg last month. The compan…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous