Hoa Phat has reduced its monthly HRC (SAE1006, non-skinpassed) prices by around $10/t for Aug’24 and Sept’24 sales, sources informed BigMint. Post-revision, effective prices stand at approximately $555/t or VND 14,100,000/t for Southern region, excluding VAT. The company has decided to reduce prices amid softening domestic demand and declining import offers from China.
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