Tag: Formosa price announcement
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Vietnam’s Formosa Ha Tinh hikes HRC list price significantly following global uptrend
Formosa Ha Tinh (FHS), Vietnam’s largest steelmaker, has announced a steep hike in its HRC prices tracking bullish import prices. Formosa, which has a crude steelmaking capacity of 7 mtpa, lifted list prices for Oct delivery HRC by $40-45/t, SteelMint learnt from credible sources. Current offers: HRC (SAE 1006, skin pass) offered at a $505/t…