Tag: Vietnam: Formosa increases HRC offers by around $60/t for Apr’23

Vietnamese steel major Formosa Ha Tinh has increased HRC prices by $59/t m-o-m for April 2023 shipments. Subsequent to the revision, prices of HRC (SAE1006, skin pass) stand at $699/t CIF Ho Chi Minh City, while non-skin pass coils are assessed at $694/t CIF, sources informed. A hike in imported HRC offers and supportive sentiments…