Tag: Vietnam Steel
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Vietnam: Formosa Ha Tinh cuts HRC offers for early-Feb’25 sales
Formosa Ha Tinh (FHS), Vietnam’s leading steel producer, has reduced its HRC prices by around $20/t CIF m-o-m, depending on the quantity booked, for early-Feb’25 sales. Post-revision, prices of HRCs (SAE1006, skin-pass) stood at $516-522/t CIF Ho Chi Minh City. The company reduced tags amid lower offers from domestic competitors and cheap HRC imports from…