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17 May
11:05

Vietnam's Formosa Ha Tinh cuts domestic HRC prices

Vietnam’s Formosa Ha Tinh lowered its offer prices for July shipments of hot rolled coil and but maintained those for its wire rod. Kallanish notes that the Vietnamese HRC market has been seeing more import offers and prices slip on bearish sentiment. Formosa reduced its HRC list prices for base SAE1006 by $15 to $541/tonne cif. The mill’s prices were $531/t for SS400 and for pipe-making grades. Hot rolled band without skin pass was priced at $5…
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