01
Feb
09:44
Hoa Phat lowers HRC prices amid weaker demand
A softening in Vietnam's hot rolled coil market, brought about by a slowing in Chinese steel futures, has caused a domestic producer to reverse its previous price uptrend, Kallanish notes.
Hoa Phat Dung Quat lowered the list prices for its latest domestic HRC sales by around $30/tonne. The company's quotes for non-skin passed SAE1006 or SS400 grade HRC, due for delivery in April and May, have been set at the equivalent of around $610/t cfr southern V…
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Anonymous
Very good overview of the weekly steel market.
Anonymous