Vietnam: Hoa Phat increases HRC prices by $50/t m-o-m for Jun'26 sales

Major Vietnamese steel producer, Hoa Phat Group, has increased its HRC (SAE1006, non-skin-passed) prices by $50/t (VND 1,315,989/t) m-o-m for Jun'26 sales. Following the revision, prices in the southern region stood at around $597/t (VND 15,699,710/t), excluding VAT. The price hike is primarily driven by rising import prices and higher raw material costs.