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According to the latest offer received by local SA387 Grade 2 steel distributors on March 3rd, HoaPat, a steel company in Vietnam, will increase the price of SAE1006/SS400 non finishing hot coils to be delivered in April 2025 by 400 Vietnamese dong/kg, approximately 15 US dollars/ton. After the price adjustment, the price in the northern and central regions is 13210 Vietnamese dong/kg (approximately 515 US dollars/ton) CIF Ho Chi Minh City, and 13240 Vietnamese dong/kg (approximately 517 US dollars/ton) CIF in the southern region, excluding value-added tax. (The conversion exchange rate is calculated based on the day of SA387 Grade 2 steel publication)
