Vietnam’s Hoa Phat raises hot-rolled steel price for Apr
Time:Fri, 03 Mar 2023 06:10:00 +0800
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After Vietnam’s Formosa Ha Tinh Steel Corporation (FHS) announced to hike hot-rolled prices by US$62/ton for April, Hoa Phat Group also increased its prices by around US$40-50/ton for April, which has been raised by about US$100 in two months.
The price difference between Ha Tinh Steel and Hoa Phat is merely US$15-20/ton currently. Supported by costs, Ha Tinh Steel was expected to further increase its prices for May in the middle of this month.
