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15 Sep

Formosa's HRC prices fall in dollar terms

The Vietnamese hot rolled coil market remains weak, Kallanish notes. Local mill Formosa Ha Tinh's (FHS) latest domestic HRC prices, announced last Friday, drew mixed reaction from market sources. FHS announced on 15 September that it will set the price for its new allocations of non-skin passed SAE 1006 HRC at the equivalent of $588-597/t cif Ho Chi Minh City (HCMC) depending on purchase quantity. The new prices are for October/November shipment. Its previous …
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Anna Low  |  Singapore
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