9,193.69 TL BIST 100 BIST 100
4.37 CNY CNY CNY
31.30 $ USD USD
€33.84 EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.87 TL Interest Interest
82.24 $ Fossil Oil Fossil Oil
22.71 $ Silver Silver
3.84 $ Copper Copper
115.84 $ Iron Ore Iron Ore
392.00 $ Ship Dismantling Ship Dismantling
2,060.77 TL Gold (gr) Gold (gr)

Formosa Ha Tinh Steel fully booked for limited orders

Formosa Ha Tinh Steel Corporation (FHS) of Vietnam announced in early January that it would raise its new domestic prices for March.

Formosa Ha Tinh Steel fully booked for limited orders

As the prices of imported resources and raw materials continued to rise, FHS was forced to accept orders with restrictions. FHS, which received orders without issue this month, saw much higher demand from its downstream customers.

Steel prices in Asia increased further as European and American customers replenished stocks. Many Asian manufacturers have stopped offering products before the Chinese New Year holidays, preferring to sell more afterward.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Kazakhstan scrap export ban puts Russian metallurgy at risk

Friday, March 1, 2024

Exports of Russian square billets decreased by 12% in 2023

Friday, March 1, 2024

Thailand's scrap imports begin to recover in 2024

Friday, March 1, 2024

JSW Steel ventures into green steel manufacturing with new subsidiary

Friday, March 1, 2024

US hot-dip galvanized sheet imports increased

Friday, March 1, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now