13
Jan
11:08
Vietnam's Hoa Phat slashes domestic HRC prices
Vietnam's Hoa Phat has drastically cut domestic prices for its new hot rolled coil allocations, mirroring the same margin price cut of another domestic producer, Kallanish notes. Some trading sources deem Hoa Phat's new prices too low because they undercut current import offers.
The group's flat steel company, Hoa Phat Dung Quat Steel, announced on Thursday that its HRC prices were reduced by VND 1,500/kg ($66/tonne) from last …
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Anonymous
Very good overview of the weekly steel market.
Anonymous