Tag: Slow import demand for value-added products
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Vietnam: Falling domestic offers lower bids for imported HRC
The Vietnamese HRC market witnessed price corrections from domestic producers by up to $58/tonne (t) for Feb’22 dispatches towards the middle of the previous week. Formosa Ha Tinh has cut prices by $58/t for Feb’22 delivery last week. Current prices stand at around $825/t CIF for HRC (SAE1006, skinpasses). Similarly, Hoa Phat has also reduced…