Vietnam: Formosa Ha Tinh increases rerolling grade HRC supply on improved demand

Vietnam integrated steel manufacturer – Formosa Ha Tinh has increased the production of base grade HRC (SAE1006) on improved demand from end-users. Meanwhile the company has lowered production of pipe-making HRC grade, sources reported SteelMint. Hence supply of rerolling grade HRC in Vietnam market has improved, which may result in softening of imported offers