Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for November-December delivery, with SAE1006 and SS400 grades now offered at around USD 546-558 per ton CIF Vietnam, depending on order…
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400 HRC is currently offered at around USD 555 per ton…
Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now focused on completing the factory structure and installing technological…
Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for October-November delivery, with SAE1006 and SS400 grades now offered at around USD 540-550 per ton CIF Vietnam, depending on order…
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand is expected to improve and import prices have…
Formosa Ha Tinh Steel has temporarily shut down blast furnace No. 1 for inspection and repairs following a fire caused by a technical malfunction at hot air furnace No. 3, according to the Ha Tinh Provincial Economic…
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 from cheaper imported material. Formosa reduced its latest…
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 plant project at the Phu My 1 Industrial Park. The second phase will…
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 and 9pct from the previous quarter, driven by higher output across its integrated…
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 by Hoa Phat amid weak market demand. The producer is now…
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 USD 34 per ton compared with the previous month's…
Hoa Phat Dung Quat Integrated Steel Complex has successfully commissioned Danieli's Seven-Life Hydraulic Side Guides on its QSP (Quality Strip Production) hot strip line in Vietnam, improving strip stability and coil…
Vietnamese steel producer Hoa Phat Dung Quat Steel has successfully commissioned a new slab casting and hot strip mill complex at its Dung Quat steelworks in Quang Ngai province, with technology supplied by Primetals…
VinMetal, the steel manufacturing arm of Vietnam's Vingroup, has signed a memorandum of understanding (MoU) with Primetals Technologies for the development of an integrated steel complex in Ha Tinh, Vietnam. The planned…
Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in the first quarter of 2026, up 40pct and 170pct YoY, respectively. Profit reached 41pct of the…
Hoa Phat Group is accelerating development of its Hoa Phat Dung Quat Rail and Special Steel Production Plant, while advancing its push into high-quality railway steel through a certification partnership with…
Vietnam's Ministry of Industry and Trade (MOIT) has imposed temporary anti-circumvention measures on certain hot-rolled steel imports from China, extending existing trade defence actions. The ministry applied a duty of…
Hoa Phat Dung Quat Steel Joint Stock Company, in partnership with Horus Power (HRP), has commenced phase 2 of its rooftop solar power project as part of efforts to increase clean energy use and reduce production costs…
Vietnamese steelmaker Formosa has increased domestic prices for HRC scheduled for February-March delivery. The company is offering SAE 1006 and SS400 grades at around USD 504-514 per ton, depending on volumes, up by…
Vietnamese steelmaker Hoa Phat Group has increased domestic HRC prices for February and March deliveries. The company is offering SAE1006/SS400 grade HRC at around USD 510-511 per ton CFR, up USD 4-5 per ton from prices…