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24 Feb

Vietnamese buyers pay higher HRC prices

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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