Vietnam’s largest steelmaker Formosa Ha Tinh has announced a roll-over in its monthly HRC (SAE 1006) offers for end-Jul – Aug ’21 delivery, a Vietnam-based trader source informed SteelMint. Due to the pandemic situation and dull domestic demand triggered by the approaching rainy season, Formosa has kept HRC offers flat for the month.
Current offers:
- HRC (SAE 1006), skin pass stands at $1,032/t, on CIF basis.
- HRC (SAE 1006), non-skin pass stands at $1,027/t, CIF.
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