Tag: Vietnam: Formosa Ha Tinh steeply lowers HRC prices by $95/t for July sales

Vietnam: Formosa Ha Tinh steeply lowers HRC prices by $95/t for July sales

May 18, 2022

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by

Kanishka Chhabria

in HRC

Vietnam’s leading steel mill, Formosa Ha Tinh (FHS), has steeply lowered its monthly HRC offers for July sales, sources informed SteelMint. The revised offer for skin-pass HRC (SAE1006) stands at $855-860/t CIF Ho Chi Minh, while that of pipe making grade (SS400) stands at $850/t CIF. Factors behind the drop in offer- Decline in imported…