Tag: Vietnam export HRC to China

Vietnam books HRC to China for the first time;100,000 t deal reported

Jul 23, 2020

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by

Pratibha Bajaj

in HRC

Vietnam’s 7.1mtpa capacity steel producer Formosa Ha Tinh (FHS) last week booked an order for delivery of 1,00,000 t HRC to China at USD 472-475/t CFR basis for early Sep’20 shipment. Vietnam’s HRC sale to China is the first ever such transaction, as Vietnam is one of the world’s largest HRC importers and a big…