Vietnam's Formosa Ha Tinh cuts Nov-shipment HRC offers by $35/t

Major Vietnamese blast furnace-based steelmaker Formosa Ha Tinh Steel Corp cut its offers for hot-rolled coil by $35 per tonne over the weekend, market sources said.

It is now offering November-shipment and delivery SAE1006 HRC without skinpass at a base price of $920 per tonne basis Haiphong port, and SAE1006 HRC with skinpass at $925 per tonne. It is offering SS400 and pipe-making grade HRC at $915 per tonne.
Formosa Ha Tinh's offers to each customer varies, depending on factors such as quantity.

Deliveries to Ho Chi Minh City will...

Published

Paul Lim

September 13, 2021

04:25 GMT

Singapore