Tag: Vietnam: Formosa Ha Tin lowers HRC prices for Sep’22 sales

Vietnam’s leading steel mill Formosa Ha Tinh (FHS) has steeply reduced its monthly hot-rolled coil (HRC) offers for September 2022. Post-revision, the effective price of skin-pass HRCs (SAE1006) stands at $655/t CIF Ho Chi Minh. The prices are lower by around $100/t against prices announced in mid-June 2022. However, the company had announced significant reductions…