14
Oct
13:22
Hoa Phat's HRC price cut signals slow recovery
Vietnam’s Hoa Phat has lowered its monthly domestic price for new hot rolled coil allocations, Kallanish notes. The price decision revealed on Thursday suggests that HRC demand has not recovered despite the easing of Covid-19 measures in the past 2-3 weeks.
The company’s prices for non-skin passed SAE 1006 HRC for December shipments are at $889/tonne cif Haiphong, $890/t cfr Central Vietnam and $892/t cif Ho Chi Minh City. Its prices for SS400 gra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous