[SMM Steel] Vietnam’s Import HRC Market Holds Steady as Buyers Await New Domestic Mill Offers

Published: Sep 8, 2026 15:43
[Vietnam] The ASEAN HRC market remained at 535 USD/tonne CFR Vietnam. Indonesian SAE1006 HRC was offered at 540-545 USD/tonne CFR, while SS400 and Q355 offers stood at 543-545 USD/tonne and 553-555 USD/tonne CFR, respectively. Buying interest remained limited as participants awaited new monthly offers from a major Vietnamese mill. Concerns following a recent blast-furnace fire also prompted some buyers to accelerate purchases from another domestic producer.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel] Indian Domestic Steel Market Remains Mostly Stable
9 mins ago
[SMM Steel] Indian Domestic Steel Market Remains Mostly Stable
Read More
[SMM Steel] Indian Domestic Steel Market Remains Mostly Stable
[SMM Steel] Indian Domestic Steel Market Remains Mostly Stable
[India Domestic] Domestic steel and scrap prices were mostly flat on a day-to-day basis. Some finished steel products saw modest gains and market sentiment remained cautiously positive with some improvement in finished-steel demand. PDRI sponge iron unchanged at 304.02USD/tonne (28,800INR/tonne) EXW Raipur. Rebar up by 1.05USD/tonne (100INR/tonne) to 530.97USD/tonne (50,300INR/tonne) EXW Mumbai. Raipur billet up by 2.11USD/tonne (200INR/tonne) to 445.47USD/tonne (42,200INR/tonne) EXW Raipur. Mandi Billet unchanged at 489.80USD/tonne (46,400INR/tonne) delivered Mandi. Ingot flat at 489.80USD/tonne (46,400INR/tonne) EXW Mandi. HMS 1&2 (80:20) flat at 399USD/tonne (37,800INR/tonne) delivered Mandi. Mumbai HMS 1&2 (80:20) flat at 377.89USD/tonne (35,800INR/tonne) delivered Mumbai. Buying remained largely requirement-based, while mills continued to monitor raw-material availability and procurement costs.
9 mins ago
Tender Announcement for Procurement of Railway Cables for Project 260902
45 mins ago
Tender Announcement for Procurement of Railway Cables for Project 260902
Read More
Tender Announcement for Procurement of Railway Cables for Project 260902
Tender Announcement for Procurement of Railway Cables for Project 260902
45 mins ago
[ Salzgitter Commissions Major Hot Straightening Machine at Mülheim Plant ]
49 mins ago
[ Salzgitter Commissions Major Hot Straightening Machine at Mülheim Plant ]
Read More
[ Salzgitter Commissions Major Hot Straightening Machine at Mülheim Plant ]
[ Salzgitter Commissions Major Hot Straightening Machine at Mülheim Plant ]
German steelmaker Salzgitter AG successfully ramped up a new hot straightening machine at its Salzgitter Mannesmann Grobblech facility in Mülheim an der Ruhr. The 1,100-tonne equipment, engineered by Buma Engineering, represents a double-digit million-euro capital investment and one of the plant's largest single upgrades in two decades. The new infrastructure enables the rolling of thick, high-strength steel plates specifically optimized for the foundations and supporting structures of offshore wind energy turbines.
49 mins ago
[Vietnam] The ASEAN HRC market remained at 535 USD/tonne CFR Vietnam. - Shanghai Metals Market (SMM)