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06 Oct
14:42

Vietnam's Hoa Phat achieves good HRC sales

Vietnam’s Hoa Phat Dung Quat has managed to achieve good sales for its latest domestic hot rolled coil allocations, Kallanish notes. Hoa Phat’s competitive pricing and the weakness of the VND against the dollar have contributed to the mill’s good sales despite weak demand for HRC. The company announced on 2 October its non-skin passed SAE1006 or SS400 grade HRC price for November delivery at the equivalent of around $570/tonne cfr Vietnam. Hoa…
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