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Hoa Phat raises HRC prices by $80-85/ton for May-Jun

Time:Wed, 23 Mar 2022 09:38:25 +0800

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Hoa Phat Group, the largest steel manufacturer in Vietnam, announced to raise the prices of hot-rolled coil (HRC) by around US$80-85/ton for May and early June.

The price adjustment was due to the rising quotations of imported HRC, a preference for domestic materials with a shorter delivery period, as well as higher raw material costs.
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