The Fastmarkets MB weekly import price assessment for HRC in Southeast Asia - which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam - was $497-501 per tonne cfr for the week ending Monday June 24, up $4-6 per tonne from
a week earlier.
Formosa Ha Tinh said it would reduce its supply of the product for delivery and shipment to all its customers in August by 16-20%, based on its current production rate of about 250,000-330,000 tonnes per month for commercial...
