Vietnam’s Hoa Phat reported having booked 40,000 t billets for China (20,000 t this week, and 20,000 t during last week). According to SteelMint sources, the company achieved the price levels of $435/t and $425/t, respectively, on an FoB Vietnam basis. The company recorded 4 mn t steel sales in the first nine months of CY’20, up by two-folds CPLY.
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