21
Jul
08:18
Vietnam's Hoa Phat slashes domestic HRC prices
Vietnam’s second-largest hot strip producer, Hoa Phat Dung Quat, has sharply lowered its domestic hot rolled coil price for September/October shipments. It has thus mirrored the $100/tonne decrease last week by the other Vietnamese strip producer, Formosa Ha Tinh Steel, Kallanish notes.
Hoa Phat cut its prices for non-skin passed HRC on 21 July to the equivalent of $610/t cfr Vietnam for both SAE 1006 and SS400 grades, a company source says. According t…
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Very good overview of the weekly steel market.
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