Tag: Vietnam: Hoa Phat increases HRC prices by up to $98/t for April’22 sales

Leading Vietnamese steel producer, Hoa Phat, raised HRC prices sharply today by $95-98/t m-o-m for April and early May’22 despatches, sources informed. Offers for HRC (SAE 1006, skinpass) are at $828-832/t on CIF basis. Prices rose after major exporting countries like India, Japan and China started hiking HRC offers since early Jan. Formosa Ha Tinh…