Tag: Baosteel prices
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Vietnam: Formosa takes up Baosteel cue, rolls over Aug HRC offers
Vietnam’s domestic integrated steel manufacturer Formosa Ha Tinh Steel Corporation (FHS), with an installed crude steel-making capacity of 7 million tonnes (mn t) per annum, rolled over its hot-rolled coils (HRCs) prices for Aug’21 deliveries. Last month, the company had sharply raised HRC offers by $120/tonne (t) for Jul’21 deliveries. Current offers – HRC (SAE…