21
Apr
06:25
Vietnamese HRC market deteriorates further
The Vietnamese hot rolled coil market continues to wallow in negativity. Vietnamese producer Formosa Ha Tinh Steel (FHS) has acknowledged the market is weaker than earlier anticipated, with the prevalence of ever-lower-priced offers, and has slashed its initial HRC list prices, Kallanish understands.
The FHS price cut comes just a week after the mill released its official prices. Market sources report that the mill’s June-shipment price for non-skin-pas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous