Vietnam: Formosa Ha Tinh to revise prices next week, sharp hike expected

Vietnam’s domestic steelmaker- Formosa Ha Tinh (FHS) is planning to increase its domestic HRC offers sharply for Feb deliveries. Indicative prices for skin pass HRC (SAE1006) after hike is expected to be in the range of $650-670/t CIF basis, SteelMint learned from its trade channels. The company has crude steel making capacity of 7 mn t pa.


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