Tag: Vietnam Hoa Phat cuts HRC prices

Leading Vietnamese steel producer, Hoa Phat, has reduced HRC prices by $57/t for Jan’22 dispatches, SteelMint learns from reliable Vietnam-based sources. Offers for HRC (SAE 1006, skinpass) are at $835/t CIF Ho Chi Minh basis. Low buying interest and falling global steel prices prompted the revision. In Jan-Oct’21, the company’s HRC sales were recorded at…