23
Apr
11:35
Formosa Ha Tinh keeps quiet over HRC prices
Vietnamese steelmaker Formosa Ha Tinh has broken its normal practice of publicising its domestic monthly hot rolled coil list prices, Kallanish notes. The mill will instead negotiate directly with its customers on a one-on-one basis.
“Actually, it is not important,” a Vietnamese trader says. “Their announced prices are never their sales prices.” Like many other steel producers, the mill’s real prices were usually lower than …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous