Author: Nabeera
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Vietnam: Hoa Phat reduces HRC prices by $13/t m-o-m for Sep’26 sales
Weak domestic demand continues to weigh on HRC prices Lower import offers intensify competitive pressure on domestic mills Vietnamese steel producer Hoa Phat Group has reduced its domestic hot-rolled coil (HRC) (SAE1006, non-skin-passed) prices by around $13/t (VND 341,687/t) m-o-m for September 2026 sales, amid weak domestic demand and mounting competitive pressure from lower-priced imports.…