Vietnam’s Formosa Plastics and Jing Steel companies lower new round of hot coil prices by about $5

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According to the latest offer information, Formosa BV/FH40 steel Ha Tinh Steel Company (FHS) in Vietnam has lowered the official quotation for the new round of non polished SAE1006 hot coils to be shipped in August and September by $5/ton. After the adjustment, the price range will be maintained at 13214-13474 Vietnamese dong/kg in local currency. According to the specific order quantity, the price for large BV/FH40 steel orders of 20000 tons and above is $497/ton CIF (13074 VND/kg), the price for 10000 to 20000 tons is $500/ton CIF (13154 VND/kg), the price for 5000 to 10000 tons is $502/ton CIF (13214 VND/kg), the price for 2000 to 5000 tons is $507/ton CIF (13274 VND/kg), and the price for orders less than 2000 tons is $507/ton CIF (13334 VND/kg). The delivery port is located in the southern BV/FH40 steel region.

  • Source: Abstract
  • Editor: Shirley

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