14
Apr
14:38
Vietnam's Formosa announces price increase
Vietnam’s Formosa Ha Tinh Steel (FHS) has announced a 2.2% increase in its June-shipment prices of hot rolled coil, Kallanish notes. The new prices may not be widely accepted by domestic buyers.
FHS raised the price for new allocations of non-skin-passed SAE 1006 HRC by $20/tonne to $950/t cif Haiphong and $955/t cif Ho Chi Minh City. The mill's prices of its skin-passed SAE 1006 HRC are at $5/t higher, but for SS400/pipemak…
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Anonymous
Very good overview of the weekly steel market.
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