FHS continues its successful progress in the challenging steel market of 2023

FHS not only continued to fulfill orders after mid-September but even managed to surpass the order volume achieved in August.

FHS attributes its remarkable success in navigating these challenging market conditions to a combination of strategic factors. Firstly, downstream customers have maintained lean inventories, driving a continuous need for raw material replenishment. Secondly, FHS has maintained a competitive pricing strategy, ensuring affordability even in the face of market uncertainty. Lastly, the depreciation of the Vietnamese Dong has provided a boost to local steel mills, further enhancing FHS's ability to meet demand and remain competitive in the global steel landscape.