Tag: Formosa Ha Tinh price announcement

Vietnam: Formosa Ha Tinh slashes HRC prices by $60/t for Sep’21 delivery

Jul 19, 2021

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by

Pratibha Bajaj

in HRC

Vietnam’s domestic integrated steelmaker, Formosa Ha Tinh (FHS), has slashed hot-rolled coils (HRC) offers by $60/tonne (t) m-o-m for Sept’21 deliveries. Currently, the mill is offering HRC (skin passes) at $970/t CIF Vietnam, which was around $1,030/t CIF for Aug’21 shipments. However, the mill had rolled over HRC prices for Aug’21 shipments in the preceding…