24
Feb
13:20
Vietnamese buyers pay higher HRC prices
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The hot rolled coil market is firm in Vietnam, Kallanish notes. Domestic producer Formosa Ha Tinh has sold its April shipment allocations which were released in mid-February, company sources confirmed on Thursday.
The mill on16 February had announced that the April-shipment price for non-skin-passed SAE 1006/SS400 HRC was pegged at the equivalent of $694/tonne cif Vietnam. This was nearly $60/t higher from last month.
Formosa’s mon…
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Anna Low
Singapore
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