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03 Jul

Hoa Phat hikes domestic HRC prices

Vietnam's Hoa Phat Dung Quat has raised its price for new domestic allocations of hot rolled coil, Kallanish notes. The producer's latest price is around $10/tonne higher than last month. Weak demand remains the mainstay of the market. Its non-skin passed SAE1006 or SS400 grade HRC has been set at the equivalent of VND 13,730/kg, or around $581/tonne, cfr Ho Chi Minh City (HCMC), up from VND 13,430/kg last month. The company’s HRC prices to nort…
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