Author: Sakeena Rizvi

Vietnamese steel giant, Formosa Ha Tinh (FHS), has reduced its hot-rolled coil (HRC) prices by approximately $17/tonne (t) CIF m-o-m for shipments scheduled in October 2024. Following this adjustment, prices of SAE1006 skin-pass HRCs now range between $511/t and $520/t CIF, compared to the previous $528-540/t CIF in Ho Chi Minh City (HCMC). Non-skin pass…