Vietnam’s major steel producer Formosa Ha Tinh has started increasing its overseas trade activities as domestic demand continues to remain lacklustre, sources informed.
- 10,000 t of HRCs were booked for exports to Pakistan at $560/t CFR for December delivery.
- 20,000-30,000 t of HRCs were booked for exports to Europe at $510-520/t FOB for December despatches.
- Negotiations for HRCs exports to India are underway.
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