Vietnamese integrated steel manufacturer Hoa Phat has increased its HRC prices by $10-15/t for Jun’22 and early-Jul deliveries in the domestic market. After this price revision, the offer for HRC (SAE1006, skinpassed) now stands at $924/t CIF Ho Chi Minh City. Elevated offers for imported HRC and increased raw material prices have fuelled this hike, SteelMint notes.
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