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18 Jan

Vietnam's Hoa Phat delays releasing new HRC allocations

Hoa Phat Group will announce the price of its hot rolled coil allocations for March shipment after the Lunar New Year (Tet) holiday ends on 26 January, Kallanish understands. Market chatter continues over the restart of the company's idled blast furnaces. Hoa Phat decided to delay releasing its new prices for “stability” and will peg prices “closest to market prices”, a source close to Hoa Phat says. A Vietnamese trader b…
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