25
May
15:19
Formosa brings HRC price in line with market
Vietnam’s Formosa Ha Tinh Steel has announced its new list prices for hot rolled coil, bringing them in line with spot markets. The company had delayed publishing a list price last month amid market volatility, Kallanish notes.
Formosa’s list price for re-rolling HRC will be $425/tonne cif for June and early-July shipments. The company had been negotiating for late-May and June shipments to $410/t cif in late April. Its previous list price however had …
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Anonymous
Very good overview of the weekly steel market.
Anonymous