Vietnamese integrated steel manufacturer, Hoa Phat, has announced an increase of $57/t in its monthly HRC (SAE1006, non-skinpassed) prices for March and early-April’23 sales, sources informed SteelMint. Gradually improving domestic market sentiments and continual hike in imported HRCs export offers nudged the mill for a price increase. Post-revision, the effective prices stand at $652/t CIF HCMC or VND 15,300,000/t, excluding VAT.
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