13
Sep
11:50
Vietnam’s Formosa Ha Tinh slashes domestic HRC prices
Vietnamese mill, Formosa Ha Tinh announced Friday a near 10% cut in its new monthly hot rolled coil prices. However, Kallanish understands that the price reduction may still be insufficient to attract buying.
Formosa reduced its new HRC list prices for base SAE1006 by a massive $51/tonne to $480/t cif Vietnam. The mill’s prices were $475/t for SS400 and for pipe-making grades. Hot rolled band without skin pass was also priced at $475/t. Thes…
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