[SMM Steel] Vietnam Steel Prices Hold Stable as EU Proposes 16% AD Duty on CRC

Published: Aug 7, 2026 16:40

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[Vietnam] Vietnam’s domestic steel market remained broadly stable after major mills raised prices last week. Prices for rebar held at around USD 533.6/tonne, while HRC for August delivery was quoted at USD 556–557/tonne. Rainy-season demand weakness and lower input costs limited further gains, while international prices eased from USD 540/tonne to USD 536/tonne. Meanwhile, the EU proposed a 16% anti-dumping duty on Vietnamese CRC, which could raise export costs and weaken its competitiveness in the EU market.

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