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Formosa Ha Tinh Steel (FHS) announced new local prices for January shipment

November 19, 2023

On November 14, Vietnamese producer Formosa Ha Tinh Steel (FHS) announced new local prices for HRC for shipment in January, hiking them by $40/mt on average since the end of October. FHS has increased its offers for non-skin SAE1006 and SS400 HRC to local customers to around $590-600/mt CIF, versus [...]

Formosa revises offers downwards as mood still negative in import HRC market in Vietnam

August 18, 2023

Formosa revises offers downwards as mood still negative in import HRC market in Vietnam Following the weakening in the Vietnam’s HRC import market seen last week and at the beginning of this week, import HRC prices have continued to plunge given further decrease in ex-China offers as news about Chinese [...]

HRC price movement in March

March 20, 2023

HRC China offers an increase of $20/mt HRC Japan offers $720-730 CFR Vietnam India offers $705-710 CFR Vietnam, but India offers little to Vietnam, focusing on offering EU when EU prices rise dramatically HRC EU is forecasted to hit $900/mt by the end of this month due to reduced supply, [...]

Steel Prices Increased Sharply At The End Of February

February 22, 2023

Many mills cut production due to weak demand and energy problems

November 9, 2022

Global market increases, Vietnam steel price is expected to recover strongly after Lunar New Year

January 21, 2023

Formosa Ha Tinh Steel (FHS) announced new local prices for January shipment

Formosa revises offers downwards as mood still negative in import HRC market in Vietnam

HRC price movement in March

Steel Prices Increased Sharply At The End Of February

Many mills cut production due to weak demand and energy problems

Global market increases, Vietnam steel price is expected to recover strongly after Lunar New Year

Another wave of the downtrend market

HRC price increased by $15/mt, expected to increase in December 2022

Formosa HRC slightly decreased by $10-17 for December 2022 shipment