[SMM Steel] Vietnam’s Hoà Phát has announced its HRC prices for June delivery, with a significant MoM increase of $50/t

Published: May 6, 2026 10:54

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[SMM Steel] Hoa Phat Dung Quat Steel JSC has recently officially released its sales prices for non-levelled hot-rolled coils for June 2026 delivery. The latest quotes show that Hoà Phát Group has implemented a comprehensive increase in benchmark prices across different domestic regions. According to the latest price adjustment notice, the specific ex-works prices (excluding VAT) for the mainstream grade SAE1006/SS400 in each region are as follows: Northern & Central Regions: 596 USD/tonne; Southern Region: 597 USD/tonne. Furthermore, to encourage bulk purchases, Hoà Phát has indicated that it will continue to implement a tiered pricing strategy, offering discounts ranging from 2-12 USD/tonne depending on the final order volume placed by the customer.

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