Author: Nabeera

  • Vietnam: Formosa Ha Tinh reduces HRC prices by $8/t for Sep’26

    Vietnam: Formosa Ha Tinh reduces HRC prices by $8/t for Sep’26

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    Price cut follows Hoa Phat’s $13/t reduction for Sep’26 deliveries Weak demand, competitive import offers weigh on domestic HRC prices Major Vietnamese steel producer Formosa Ha Tinh (FHS) has reduced its hot-rolled coil (HRC) prices by around $8/t (VND 209,949/t) for September 2026 deliveries, following Hoa Phat’s price reduction announced earlier this month. Under the…