13
Jun
12:22
Vietnam's Formosa cuts domestic HRC prices
A Vietnamese producer’s price cut for hot rolled coil is reflective of the current weak market in the country, Kallanish understands.
Formosa Ha Tinh Steel (FHS) released offers for non-skin passed SAE 1006 grade HRC for August shipment officially at the equivalent of $560-572/tonne cfr Ho Chi Minh City, depending on tonnage. The price is the same for its SS400/pipe-making grade HRC. The mill's skin-passed SAE 1006 HRC is set at $5/t higher. Prices are a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous