16
Nov
08:59
Formosa slashes HRC prices again
Vietnam’s Formosa Ha Tinh on Friday sharply reduced its monthly hot rolled coil prices, Kallanish notes. This is in line with the plunge in import prices since October. Last month, the Vietnamese company sliced $35/tonne off its late-November/December shipments.
Formosa’s rerolling grade HRC is now offered at $530/t for January shipments, down from $565/t the previous month. All HRC prices were similarly cut by $35/t, with skinpas…
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