13
Sep
14:44
Hoa Phat reduces domestic HRC in depressed market
Vietnam’s hot rolled coil market remains under pressure, Kallanish notes. A lockdown in Vietnam’s Ho Chi Minh City to control rising Covid-19 infections has been extended for another two weeks until end-September.
Domestic mill Hoa Phat lowered on Monday the domestic monthly prices for its new HRC allocations. Its price reduction is smaller than that of more established producer Formosa Ha Tinh Steel.
Hoa Phat reduced its prices for November shi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous