Vietnam: Formosa Ha Tinh announces HRC offers for Nov'24 sales
Vietnamese steel major Formosa Ha Tinh (FHS) has rolled over HRC prices m-o-m for Nov'24 shipments. Currently, prices of HRCs (SAE1006, skin-pass) stand at $511-520/t CIF Ho Chi Minh City. Non-skin-pass coils are priced at $501-510/t CIF, depending on the volume booked. The company has kept prices steady amid weak market conditions and low-priced Chinese HRC imports.