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15 Aug
13:08

Formosa Ha Tinh's domestic steel prices head south

Vietnamese producer Formosa Ha Tinh Steel (FHS) has reduced domestic prices for its new allocations of hot rolled coil and wire rod amid a sluggish market, Kallanish notes.  FHS announced that the October shipment price of its non-skin-passed SAE 1006 hot rolled coil prices will be at the equivalent of $610/tonne cfr Ho Chi Minh City, a decrease of $45/t, sources in the company confirmed on 15 August. Like before, the mill’s SS400 gr…
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