15
Mar
06:05
Formosa hikes domestic HRC prices
Vietnamese producer Formosa Ha Tinh Steel (FHS) has hiked its latest monthly domestic hot rolled coil prices by around $33/tonne. Market participants were expecting the price increase because the Chinese and international HRC markets are buoyant.
The mill announced on 15 March that the April/May-shipment price for non-skin-passed SAE 1006 HRC would be set at the equivalent of around $727/tonne (VND 17,250/kg) cif Vietnam, up from around $694/t …
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Anonymous
Very good overview of the weekly steel market.
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