Author: Nabeera

  • Vietnam: Formosa Ha Tinh reduces HRC offers for sales in Jan’26

    Vietnam: Formosa Ha Tinh reduces HRC offers for sales in Jan’26

    Hoa Phat trims HRC prices for Jan-Feb’26 sales Weak domestic demand drives further price cuts by mills Vietnam’s leading steel manufacturer, Formosa Ha Tinh (FHS) has reduced its hot-rolled coil (HRC) prices by around $14/tonne (t) for sales in January 2026. With this adjustment, FHS’s HRC (SAE1006, skin-passed) is now priced at approximately $497/t CIF…