14
Oct
11:28
Formosa trims domestic HRC prices
Vietnamese producer Formosa Ha Tinh Steel (FHS) has lowered domestic prices for its new allocations of hot rolled coil, Kallanish notes. But the price drop may not be competitive enough against imports, particularly as local demand is still in the doldrums.
FHS has announced the December-shipment price of its non-skin-passed SAE 1006 HRC will be at the equivalent of $593/tonne (VND 14,350/kg) Ho Chi Minh City. While this is roug…
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Anonymous
Very good overview of the weekly steel market.
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