Author: Nabeera
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Vietnam: Hoa Phat reduces HRC prices by $35/t m-o-m for Aug’26
Lower import offers pressure domestic HRC prices Weak domestic demand limits mills’ pricing power Vietnamese steel producer Hoa Phat Group has reduced its domestic hot-rolled coil (HRC) (SAE1006, non-skin-passed) prices by around $35/t (VND 920,306/t) m-o-m for August 2026 sales, reflecting weaker regional market fundamentals. Following the revision, HRC prices in southern Vietnam were set…