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02 Jan
12:00

Hoa Phat hikes domestic HRC prices

Vietnam's Hoa Phat Dung Quat has sharply raised the list prices for its domestic hot rolled coil sales, Kallanish notes.  The steel producer raised prices by around $40/tonne from last month. Soaring iron ore prices are behind the recent hikes. The company's quotes for non-skin passed SAE1006 or SS400 grade HRC, due for delivery in March and April, have been set at the equivalent of around $640/t cfr southern Vietnam, excluding VAT. In …
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