Tag: Vietnam: Formosa Ha Tinh lowers monthly HRC prices by $100/t for Aug’22 sales

Formosa Ha Tinh (FHS), Vietnam’s leading steel producer, has steeply reduced its monthly hot rolled coil (HRC) offers for August 2022 sales, sources informed SteelMint. Current offers for skin-pass HRCs (SAE1006) stand at $755-765/t CIF Ho Chi Minh. The prices have come down by around $100/t against those announced last month. SteelMint analyses factors behind…