Vietnam: Hoa Phat increases HRC prices by $11/t m-o-m for Apr'25 sales
Hoa Phat Group, the leading industrial manufacturing group in Vietnam, has increased its monthly HRC (SAE1006, non-skin-passed) prices by around $11/t for Apr'25 shipments, sources informed BigMint. Post-revision, prices stood at approximately $517/t or VND 13,240,000 /t for the southern region, excluding VAT. This price adjustment follows a decline in Chinese imports, driven by Vietnam's imposition of anti-dumping duties on China.