17
Aug
14:31
Hoa Phat cuts HRC by more than expected
Vietnam’s Hoa Phat Group has lowered domestic prices for its new hot rolled coil allocations by $20/tonne, Kallanish understands. This is slightly more than the $15/t drop expected amid a strict Covid-19 lockdown in southern Vietnam.
The mill’s prices for non-skin passed SAE 1006 HRC for October shipment are at $900/t cif northern Vietnam, $903/t cif central Vietnam and $905/t cif southern Vietnam. The mill is offering SS400 grade material at $5/t…
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Anonymous
Very good overview of the weekly steel market.
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