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21 Jul
14:30

Hoa Phat cuts HRC prices to compete

Vietnam’s Hoa Phat Group has reduced domestic prices for its new hot rolled coil allocations by $50/tonne, Kallanish understands. The mill’s prices for non-skin passed SAE 1006 HRC for September shipment are $920/t cif northern Vietnam, $923/t cif central Vietnam and $925/t cif southern Vietnam. The mill is offering SS400 grade material at $5/t lower. Hoa Phat’s new prices are acceptable for Vietnamese users, a Vietnamese trader says. &ldqu…
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