19
Jul
13:38
Vietnam's Formosa cuts HRC prices
Vietnam's Formosa Ha Tinh has lowered the prices of its new domestic hot rolled coil allocations for September shipment by $60/tonne, Kallanish notes. The mill is offering non-skin-passed SAE 1006 grade re-rolling HRC at $970/t cfr Ho Chi Minh City.
Prices for skin-passed SAE 1006 HRC and SS400 grade HRC are tagged at $975/t cfr and $965/t cfr respectively. The $60/t price fall reflects the weak domestic market because of Covid-19 curb…
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Anonymous
Very good overview of the weekly steel market.
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