Author: Nabeera
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Vietnam: Hoa Phat increases HRC prices by $9/t m-o-m for Oct’26 sales
Higher coking coal costs lift production costs Seasonal demand pickup, tighter supply prop up prices Vietnamese steel producer Hoa Phat Group has increased its domestic hot-rolled coil (HRC) (SAE1006, non-skin-passed) prices by around $9/t (VND 235,074/t) m-o-m for October 2026 sales, amid higher raw material costs, firmer import offers and expectations of stronger seasonal consumption.…