Tag: Formosa cuts HRC offers

Vietnam’s integrated steel mill, Formosa Ha Tinh has reduced its HRC offer by $15-20 m-o-m for Dec shipments, SteelMint learned from sources. After the decline, current offers for HRC (skin pass) stands at $535/t CFR for Ho Chi Minh compared to the last offer of $550-555/t CIF basis for Nov shipments