Vietnam’s Formosa Ha Tinh offers discount to HRC buyers in Vietnam

Vietnam’s Formosa Ha Tinh Steel has been offering discounts ranging from $30 to $50 per tonne to buyers of its hot-rolled coil, market sources told Fastmarkets on Friday May 27.

The major domestic producer announced on May 18 that its offer prices for SAE1006-grade HRC would be between $855 and 860 per tonne cif for July-shipment and delivery.

“There...

Published

Tianran Zhao

May 27, 2022

13:57 GMT

Shanghai