Tag: market awaits Formosa’s price annoucenment

Vietnam: Imported HRC offers stable w-o-w, market awaits Formosa’s price announcement

Mar 13, 2023

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by

Sakeena Rizvi

in HRC

Imported Chinese-origin hot-rolled coils (HRCs) offers into Vietnam remain unchanged w-o-w this week as the market awaits price announcement from domestic mills. Chinese mills had increased their offers by $10/tonne (t) in the preceding week, as per SteelMint records. Current offers- China: HRCs (SAE1006) were heard offered at $700-705/t, unchanged against last week. Offers for…