Tag: Vietnam: Domestic mills cut prices; demand for imported HRC softens

The demand for imported hot-rolled coils (HRC) continues to remain slow as domestic mills reduce their prices for January and early-February 2023 sales. In the preceding week Formosa Ha Tinh (FHS) reduced HRC (SAE1006, skinpassed) prices for the said period by $38/t to $555/t CIF Ho Chi Minh City (HCMC). Later towards the weekend, Hoa…