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12 Jun
11:23

Formosa keeps domestic HRC prices unchanged

Market participants in Vietnam generally think that Formosa Ha Tinh Steel's (FHS)latest domestic prices for hot rolled coil will find market acceptance, Kallanish notes. However, some noted that demand for coated steel is still weak. The mill announced on Monday that it will maintain its skin passed SAE 1006 HRC unchanged from last month at $585-605/tonne cif Ho Chi Minh (HCM)/Hai Phong port. Its non-skin passed SAE 1006 HRC is tagged at $5/t lower. The lower…
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