17
Sep
12:12
Formosa Ha Tinh cuts HRC, hikes wire rod
Vietnam’s Formosa Ha Tinh has cut its monthly HRC list prices slightly amid a week domestic market, but increased its wire rod prices, which it mainly exports. Its prices remain above market levels and the mill appears to be positioning itself for price increases in the coming weeks, Kallanish notes.
Formosa’s rerolling grade HRC is now offered at $600/tonne for October shipments, down from $602/t a month earlier. All HRC prices were cut by $2/t, wit…
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Anonymous
Very good overview of the weekly steel market.
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