{"id":65864,"date":"2026-05-12T16:21:00","date_gmt":"2026-05-12T10:21:00","guid":{"rendered":"https:\/\/biztrend24.com\/?p=65864"},"modified":"2026-05-12T16:21:00","modified_gmt":"2026-05-12T10:21:00","slug":"vietnam-formosa-ha-tinh-raises-hrc-offers-by-58-t-m-o-m-for-jun26-sales","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=65864&lang=en","title":{"rendered":"Vietnam: Formosa Ha Tinh raises HRC offers by $58\/t m-o-m for Jun&#8217;26 sales"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>HRC prices rise on stronger global sentiment<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Hoa Phat raises HRC prices by $50\/t for June<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>A major Vietnamese steel producer, Formosa Ha Tinh (FHS), has raised its hot-rolled coil (HRC) prices by around $58\/t (1,526,203 VND\/t) for shipments in June-July 2026. Post adjustment, FHS&#8217;s HRC (SAE1006, skin-passed) is now priced at approximately $608\/t (16,027,056 VND\/t) Ho Chi Minh City (HCMC) compared with $550\/t (14,447,462 VND\/t) in May 2026.<\/p>\n<p>Market updates:<\/p>\n<p>1. Global steel majors keep HRC prices high:\u00a0Major Vietnamese steel producer, Hoa Phat Group, has increased its HRC (SAE1006, non-skin-passed) prices by $50\/t (VND 1,313,243\/t) m-o-m for June sales. Following the revision, prices in the southern region stood at around $597\/t (VND 15,682,063\/t), excluding VAT. The price hike is primarily driven by rising import prices and higher raw material costs.<\/p>\n<p>Furthermore, Baosteel, the world&#8217;s leading steel manufacturer, has raised its HRC prices by RMB 100\/t ($15\/t) m-o-m for June sales. The increase follows a rise in SHFE HRC futures (Oct&#8217;26 contracts), which surged by RMB 210\/t ($31\/t) m-o-m to RMB 3,485\/t ($513\/t) as of 8 May. Meanwhile, hot-dip galvanised (HDGI) prices were also increased by RMB 100\/t ($15\/t) m-o-m.<\/p>\n<p>2. Domestic market overview:\u00a0Vietnam&#8217;s domestic HRC prices increased amid a rise in import offer prices, as higher overseas quotations pushed up local market sentiment. Market participants noted that costlier imports supported domestic mills in raising prices despite cautious buying activity. Additionally, price rise is supported by rising input costs, particularly iron ore, coking coal, and billet prices. At the same time, the recent rebound in China&#8217;s steel market improved regional sentiment, giving mills greater confidence to push up offers.<\/p>\n<p>Outlook:<\/p>\n<p>Vietnam&#8217;s HRC market is expected to remain firm in the near term, supported by elevated import offers, stronger raw material costs, and continued price hikes from global steelmakers. However, buyers may stay cautious and limit purchases due to rapidly rising prices and uncertain downstream demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HRC prices rise on stronger global sentiment Hoa Phat raises HRC prices by $50\/t for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":65865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-65864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=1280%2C720&ssl=1?v=1778581253",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?resize=150%2C150&ssl=1?v=1778581253",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=300%2C169&ssl=1?v=1778581253",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=640%2C360&ssl=1?v=1778581253",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=640%2C360&ssl=1?v=1778581253",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=1280%2C720&ssl=1?v=1778581253",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=1280%2C720&ssl=1?v=1778581253",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?resize=1115%2C715&ssl=1?v=1778581253",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?resize=800%2C500&ssl=1?v=1778581253",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=1024%2C576&ssl=1?v=1778581253",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?resize=540%2C340&ssl=1?v=1778581253",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?resize=400%2C250&ssl=1?v=1778581253",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-37-3.jpg?fit=1280%2C720&ssl=1?v=1778581253","jetpack-related-posts":[{"id":56033,"url":"https:\/\/biztrend24.com\/?p=56033&lang=en","url_meta":{"origin":65864,"position":0},"title":"Vietnam: Hoa Phat raises HRC prices by $9\/t m-o-m for Mar&#8217;26 sales","author":"Biz Trend 24","date":"February 3, 2026","format":false,"excerpt":"Vietnamese steel major, Hoa Phat Group, has raised its HRC (SAE1006, non-skin-passed) prices for Mar26 sales by $9\/t m-o-m. Following the revision, prices in the southern region stood at $519\/t (VND 13,520,000\/t), up from $510\/t (VND 13,420,000\/t) a month earlier, excluding VAT. The major mill announced the price hike amid\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121735.481.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121735.481.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121735.481.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121735.481.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121735.481.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59569,"url":"https:\/\/biztrend24.com\/?p=59569&lang=en","url_meta":{"origin":65864,"position":1},"title":"Vietnam: Hoa Phat keeps HRC prices stable m-o-m for Apr&#8217;26 sales","author":"Biz Trend 24","date":"March 5, 2026","format":false,"excerpt":"Vietnamese steel major Hoa Phat Group has kept its HRC (SAE1006, non-skin-passed) prices unchanged m-o-m for Apr'26 sales. Prices in the southern region remained at $519\/t (VND 13,520,000\/t), excluding VAT. The mill maintained its prices amid weak domestic demand and steady import offers in the region. A 16% m-o-m decline\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-05T133338.401.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-05T133338.401.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-05T133338.401.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-05T133338.401.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-05T133338.401.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":60189,"url":"https:\/\/biztrend24.com\/?p=60189&lang=en","url_meta":{"origin":65864,"position":2},"title":"China: Baosteel raises HRC prices by $29\/t for Apr&#8217;26 sales","author":"Biz Trend 24","date":"March 10, 2026","format":false,"excerpt":"Baosteel, the world's leading steelmaker, has increased its HRC prices by RMB 200\/t ($29\/t) m-o-m for Apr'26 sales compared with prices in March. This price rise is due to an increase in SHFE HRC futures by RMB 21\/t ($3\/t) m-o-m to RMB 3,262\/t ($471\/t) as on 9 March. Furthermore, prices\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59286,"url":"https:\/\/biztrend24.com\/?p=59286&lang=en","url_meta":{"origin":65864,"position":3},"title":"India: Primary rebar prices rise faster than HRC, higher by nearly INR 5,000\/t in Feb&#8217;26","author":"Biz Trend 24","date":"March 3, 2026","format":false,"excerpt":"HRC-rebar negative spread deepens in Feb as mills sustain rebar hikes Rebar rises on inventory drawdown, HRC market sees trade slowdown Mills looking to hike prices in early March, Iran crisis adds to volatility Morning Brief:\u00a0The reverse or negative spread between domestic hot-rolled steel coil (HRC, IS 2062, 2.5-8mm) and\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-03T145331.719.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-03T145331.719.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-03T145331.719.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-03T145331.719.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-03T145331.719.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":62400,"url":"https:\/\/biztrend24.com\/?p=62400&lang=en","url_meta":{"origin":65864,"position":4},"title":"India: HRC-rebar negative spread narrows in Mar&#8217;26 as flats prices rise at a faster pace","author":"Biz Trend 24","date":"April 4, 2026","format":false,"excerpt":"HRC prices rise by over 5% m-o-m, rebar rises 1.9% in March HRC-rebar negative spread decreases by INR 1,700\/t in March Mills may hike HRC list prices, negative spread may narrow in April Morning Brief:\u00a0The reverse or negative spread between domestic hot-rolled steel coil (HRC, IS 2062, 2.5-8mm) and blast\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-64.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-64.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-64.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-64.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-64.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55403,"url":"https:\/\/biztrend24.com\/?p=55403&lang=en","url_meta":{"origin":65864,"position":5},"title":"Indian HRC export offers remain absent amid higher domestic realisations","author":"Biz Trend 24","date":"January 28, 2026","format":false,"excerpt":"If mills take further hikes exports may be affected EU optimism holds despite weak trade sentiment BigMint's Indian HRC export offers remained absent amid higher domestic realisations. In the Middle East (ME) Chinese prices remained competitive, while no firm offers from India were heard. \"Offerings are currently on hold due\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/65864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65864"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/65864\/revisions"}],"predecessor-version":[{"id":65866,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/65864\/revisions\/65866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/65865"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}