Tag: Vietnam: Formosa Ha Tinh reduces HRC offers for Jun’25 sales

Formosa Ha Tinh cuts HRC prices by $12/t amid rising local competition. Baosteel maintains stable pricing Vietnamese steel giant Formosa Ha Tinh (FHS) has reduced its hot-rolled coil (HRC) prices by approximately $12/t for June 2025 sales. Following this adjustment, FHS’s HRC prices (SAE1006, skin-passed) are within the range $508-518/t CIF Ho Chi Minh City…