23
Jun
15:55
Vietnam's Hoa Phat drops HRC prices
Vietnam’s second hot strip producer, Hoa Phat Dung Quat, has lowered its domestic hot rolled coil price for August/September shipments. The large price drop of $75-80/tonne was widely anticipated because the market is weak and the other Vietnamese HRC producer had already been forced to slash its August-shipment prices further, Kallanish notes.
Hoa Phat cut its prices for non-skin passed HRC on 22 June to the equivalent of $705/t cfr Ho Chi Mi…
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Anonymous
Very good overview of the weekly steel market.
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