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17 Mar
10:08

Formosa hikes domestic HRC prices within market expectations

Vietnam’s Formosa Ha Tinh (FHS) has announced its May-shipment prices in line with market expectations, Kallanish notes. The mill raised its hot rolled coil quote by $90/tonne. FHS raised the price for new allocations of non-skin-passed SAE 1006 HRC to $930/t cif Haiphong and $935/t cif Ho Chi Minh City, trading participants report. However, FHS sources say the mill's new prices are at $930/t fob, or $935/t cif Haiphong and $940/…
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