Tag: Subdued end-user demand amid Covid concerns

Vietnam’s two major domestic integrated steel manufacturers, Formosa Ha Tinh (FHS) and Hoa Phat, have reduced their monthly hot-rolled coil (HRC) offers recently. The steel market in Vietnam has remained under pressure for a few months now with various factors impacting sentiments. Vietnamese integrated steel major Formosa Ha Tinh (FHS) has reportedly lowered hot-rolled coil…