Tag: Formosa
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Vietnam: Formosa rolls over HRC prices for Dec’21 shipments, markets bullish
The Vietnamese integrated steel major, Formosa Ha Tinh, has rolled over its hot-rolled coil (HRC) prices for Dec’21 deliveries, SteelMint learnt from reliable market sources. The effective offers for skin pass HRC continues to hover at $930-935/tonne (t) CIF Vietnam basis. However, the producer has lifted the rebates of $5-10/t that was provided on November…