12
Jan
13:55
Vietnamese domestic HRC prices tumble
A leading Vietnamese hot rolled coil producer has slashed its domestic prices for March shipments, Kallanish notes. The Vietnamese HRC market is languishing from poor business confidence brought about by continued Covid-19 infections.
Formosa Ha Tinh is offering its March shipments of non-skin passed SAE 1006 (hot rolled band) at the equivalent of $740/tonne fob, according to company sources. This would be around $755/t cfr Ho Chi Minh City and $750…
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Anonymous
Very good overview of the weekly steel market.
Anonymous