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Wednesday, August 12, 2026

Vietnam

Local HRC producers cut prices for September deliveries

Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition...

Pomina Steel advances flat steel expansion project

Vietnam's Pomina Steel has signed a memorandum of understanding with Hoa Binh Construction Group for the development of the second phase of its steel...

Hoa Phat boosts Q2 crude steel output, HRC sales surge

Vietnam's leading steelmaker Hoa Phat Group produced more than 3.6 mln tons of crude steel in the second quarter of 2026, up 48pct YoY...

Formosa cuts domestic HRC prices following Hoa Phat

Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move...

Hoa Phat cuts domestic HRC prices on weak demand

Vietnamese steelmaker Hoa Phat has reduced domestic HRC prices for August deliveries amid weak market demand and seasonal pressure. The producer lowered prices by around...

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