SteelMint

Tag: Formosa hikes HRC offers

  • Vietnam: Formosa hikes HRC offers by $45-50/t for Nov

    Vietnam: Formosa hikes HRC offers by $45-50/t for Nov

    —

    by

    Pratibha Bajaj
    in

    Vietnam’s integrated steel manufacturer Formosa Ha Tinh has announced a steep increase in its HRC prices for Nov shipments, SteelMint learned from reliable trade sources. The price hike is around $45-50/t. Current offers for HRC (skin pass) is at $550/t CIF basis and for non skin pass $545/t CIF basis for Nov deliveries. Higher raw…