Author: Nabeera
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Asian HRC prices rise to mid-$500s/t amid higher raw material costs, supply disruption at FHS
Rising coking coal costs, improved demand push offers higher Hoa Phat’s Oct’26 HRC allocation exhausted amid strong demand Asian hot-rolled coil (HRC) prices have moved higher, with market levels rising to the mid-$500s/t amid concerns over supply following a fire at Vietnam’s Formosa Ha Tinh Steel (FHS). Meanwhile, higher coking coal costs, driven by reduced…