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...


Paul Lim

September 13, 2021

04:25 GMT