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Tag: Formosa may cut HRC offers

  • Vietnam: Formosa Ha Tinh may cut HRC offers for Dec’20

    Vietnam: Formosa Ha Tinh may cut HRC offers for Dec’20

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    by

    Pratibha Bajaj
    in

    Vietnam Integrated domestic steel mill, Formosa Ha Tinh may reduce HRC offers by $20-25/t for Dec shipments, sources reported SteelMint. Company may offer around $520-525/t CIF basis for Dec shipments. The decline in imported HRC offers from major exporting nations may lead to price cut. Last month Formosa was offering HRC in the range of…