11
Jun
13:22
Vietnamese HRC domestic, import markets level out
The Vietnamese import market for hot rolled coil was quiet during the week, Kallanish understands. Domestic producer Formosa Ha Tinh announced on 11 June that it would maintain its price for allocations for August shipments.
Formosa’s SAE 1006 HRC is pegged at $1,030/tonne cif Hai Phong and $1,035/t cif Ho Chi Minh City, unchanged from last month. The extra charge for skin-passed HRC is $5/t. Most market participants deem Formos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous