Vietnam’s Formosa Ha Tinh Steel raises domestic HRC prices; import prices down on weaker Chinese market

Prices of steel hot-rolled coil in key import market Vietnam fell in the week to Friday January 12 due to a downtrend in Chinese steel prices.

Sources told Fastmarkets that this led to more active trading in the spot market, especially after Vietnamese steelmaker Formosa Ha Tinh Steel raised its offers for March and April shipment...

Published

Nabilah Awang

January 12, 2024

10:50 GMT

Singapore