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According to the latest P295GH steel offer received by local distributors on December 2nd, Hoa Phat, a steel company in Vietnam, has lowered the price of SAE1006/SS400 non finishing hot coils to be delivered in February/March 2025 by 220 Vietnamese P295GH steel dong/kg, approximately 7 US dollars/ton. After the price adjustment, the price in the northern and central regions is 13340 Vietnamese dong/kg (approximately 525 US dollars/ton) CIF Ho Chi Minh City, and 13370 Vietnamese dong/kg (approximately 526 US dollars/ton) CIF in the southern region, excluding value-added tax P295GH steel.
