Vietnam: Formosa Ha Tinh increases HRC offer by $25/t

Vietnam’s integrated steel manufacturer Formosa Ha Tinh has announced hike in its HRC prices by $25/t for Jan deliveries, SteelMint learned from sources. After increase, offers for HRC (skin pass) are at around $560/t CFR basis and non-skin pass is at $555/t CFR basis. Hike in imported HRC offers from China, India and other countries have resulted in hike in domestic HRC prices