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18 Apr
15:06

Vietnam's Hoa Phat hikes domestic HRC prices

Another Vietnamese strip producer has increased the domestic price for its new hot rolled coil allocations, Kallanish notes. Hoa Phat Dung Quat Steel announced a $10/tonne increase for its June/early-July shipments on Monday. Hoa Phat’s new prices for SAE1006/SS400 grade HRC are pegged at VND 21,160/kg ($920/t) cif Haiphong and the equivalent of $924/t cif Ho Chi Minh City. The prices, which exclude VAT, are for non-skin passed strip, and are…
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