13
Dec
06:35
Vietnamese HRC exporters, Formosa see price gains
The Vietnamese hot rolled coil market has surged as bullish suppliers continued to hike offers, Kallanish notes. Last Friday home producer Formosa Ha Tinh also announced a domestic price hike.
On Thursday, around 40,000 tonnes of SAE 1006 2mm base thickness HRC from Taiwan was booked for February shipment at $480/tonne cfr Vietnam. Two mills in Taiwan recently sold at $455-460/t fob to Vietnam, a Taiwanese trader says.
One of the two Taiwa…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous