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03 Apr
07:58

Hoa Phat slashes domestic HRC prices

Vietnam's Hoa Phat Dung Quat has lowered its price for new domestic allocations of hot rolled coil for May/June shipments, Kallanish notes. This is tandem with weaker domestic and regional HRC markets. Its non-skin passed SAE1006 or SS400 grade HRC has been set at the equivalent of VND 16,030/kg (around $680/tonne) cfr Ho Chi Minh City (HCMC), down from VND 16,330/kg last month. The company’s HRC prices to northern and central Vietnam are currently …
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