Tag: Vietnam: Hoa Phat decreases HRC prices by $8/t m-o-m for Jun’25

The Hoa Phat Group has decreased its monthly HRC (SAE1006, non-skin-passed) prices by around $8/t for Jun’25 shipments. Post-revision, prices are approximately $515/t or VND 13,315,724 /t against $517-$523/t for the southern region in May’25, excluding VAT. The decline in HRC prices is attributed to weak market sentiment and subdued demand in Vietnam.