Tag: Vietnam: Hoa Phat raises HRC prices by VND 200/t ($8/t) for November sales; exporters watchful

Vietnamese buyers’ interest has shifted towards domestically produced hot-rolled coils (HRC) as steel majors have announced their prices for November and early-December sales. Today, Vietnam’s major integrated steel producer, Hoa Phat has increased its prices for HRC (SAE1006, non-skinpasses) to VND 14,200,000/t (approximately $599/t) CIF Ho Chi Minh City (HCMC). Prices are up by VND…