Tag: Vietnam: Hoa Phat decreases HRC prices by $11/t m-o-m for Aug 2025

The Hoa Phat Group has reduced its monthly HRC (SAE1006, non-skin-passed) prices by around $11/t m-o-m for Aug’25 shipments. Post-revision, prices were at approximately $502/t or VND 13,152,656/t against $513/t for the southern region in Aug’25, excluding VAT. Prices were reduced due to sluggish demand and bearish market sentiment in Vietnam.