Tag: Formosa undergoes maintenance shutdown
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Vietnam’s Formosa Plans to Undergo Maintenance Shutdown; HRC Price Hike Expected
Vietnam’s largest steel mill plans 20 days maintenance shutdown, market expects HRC prices to increase in domestic market. Vietnam’s sole producer of HR Coil, Formosa Ha Tinh is planning to undergo a maintenance shutdown starting 30th Dec 2019, SteelMint checks with its channel. The hot strip mill (HSM) shutdown will span across 20 days from…