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01 Apr
13:31

Vietnam's Hoa Phat slashes domestic HRC prices

Vietnam’s hot rolled coil producer, Hoa Phat Dung Quat, has lowered its monthly domestic prices in tandem with the weakness in the market over the past month, Kallanish notes. Hoa Phat Dung Quat lowered its list sales prices by around $40/tonne for its latest domestic HRC price allocations on 1 April. The company's quotes for non-skin passed SAE1006 or SS400 grade HRC, due for delivery in June, have been set at the equivalent of around $550/t cfr s…
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