11
May
12:38
Vietnamese domestic HRC prices catch up with imports
Vietnamese steelmaker Formosa Ha Tinh has once again increased its monthly domestic hot rolled coil prices by more than $100/tonne. This reflects another strong month of soaring price gains, Kallanish notes.
The Vietnamese mill announced on 11 May a hike equivalent to around $120/t for July shipments. Formosa’s SAE 1006 HRC is now tagged at $1,030/t cif Hai Phong and $1,035/t cif Ho Chi Minh City, up from $910-915/t cfr last mon…
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Anonymous
Very good overview of the weekly steel market.
Anonymous