Tag: Vietnam: Formosa cuts HRC list prices by $40/t for Jan’23 sales

Vietnam’s steel major, Formosa Ha Tinh (FHS), today reduced hot-rolled coil (HRC) prices by $38/t m-o-m for January and early-February 2023 sales. Post-revision, FHS’s offer price for HRC (SAE1006, skinpassed) stands at $555/t CIF Ho Chi Minh City (HCMC) compared with $593/t CIF announced for December and early-January sales a month ago. The revised offers…