Author: Snehal Govardhan

Vietnamese steel giant, Formosa Ha Tinh (FHS), has reduced its hot-rolled coil (HRC) prices by approximately $40/tonne (t) CIF m-o-m for shipments scheduled in September and October, 2024. Following this adjustment, prices of SAE1006 skin-pass HRCs now range between $528 and $540/t CIF, compared to the previous $570 to $580/t CIF in Ho Chi Minh…