UTC+8 ( BJT)

Vietnam: Formosa Ha Tinh lifts HRC offers sharply

ABSTRACT

Vietnam’s integrated domestic steel manufacturer- Formosa Ha Tinh has today announced its monthly HRC offers for June deliveries. The company sharply raised HRC price by around $140-145/t on higher HRC offers from major exporting nations. Last month the company raised its HRC offers sharply by $45/t monthly for May deliveries.
The company raised HRC offers by around $140-145/t m-o-m Surge in imported HRC offers from major exporting nations Baosteel spikes HRC offers for May delivery Robust domestic steel demand of Vietnam Current offers of FHS HRC (SAE 1006, skin pass)is being offered at around $910-912/t CIF basis. The last offer was at a $770-775/t CIF

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