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01 Aug
12:42

Hoa Phat cuts HRC prices

Vietnamese hot rolled coil producer Hoa Phat Dung Quat has once again reduced its monthly domestic prices to reflect a weaker market, Kallanish notes. This week, the Vietnamese HRC market saw both the start of an anti-dumping case against HRC from China and India as well its own HRC exports being scrutinised by the European Commission. However, the potential loss of the EU market may have limited impact on the Vietnamese producers because of the small export volume…
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