02
Feb
09:22
Formosa maintains HRC prices in weak Vietnamese market
Market sentiment for hot rolled coil remains weak in Vietnam despite a producer’s decision to roll over its April-shipment prices, Kallanish notes.
Formosa Ha Tinh announced on 1 February that it will maintain its monthly prices at $720/tonne for its base SAE1006 HRC with skin pass. This was the price for its March shipments.
There is "…no reason to drop" prices, a source close to the company says. He adds that Chinese…
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Anonymous
Very good overview of the weekly steel market.
Anonymous