2026.4.8Vietnam HRC Report: 30% Demand Surge

HRC importers, pipe makers & traders: 27.83% duty hits April 17. Demand up 30% – secure pricing or lose margin. Download Report.

This weekly report cuts through the noise. It gives procurement and sales teams the exact signals they need to act before the duty deadline, secure alternative supply, and capture rising domestic demand.


• For Procurement Managers, this report helps you solve:

  • What is the current CFR price range for Chinese HRC to Vietnam, and how do freight rates and USD/VND volatility affect landed costs?
  • How will the 27.83% anti‑circumvention duty on wide‑width HRC (effective April 17) change your sourcing economics, and which alternative origins (Japan, Korea, India) offer duty‑free or lower‑tariff options?
  • With domestic demand up 30% and Hoa Phat/Formosa raising HRC prices, what is the real supply gap in Vietnam? Should you accelerate orders before the duty deadline or build safety stock for Q2?

• For Sales Managers (Export & Domestic), this report helps you solve:

  • With Vietnam’s HRC demand surging 30% and local mills raising prices by VND 900,000/t, what is the current pricing power for domestic HRC – and how should you quote to capture import substitution?
  • Which HRC specifications (wide‑width vs. narrow‑width, SAE1006 vs. other grades) face the tightest domestic supply after April 17?
  • With Hai Phong and Cat Lai ports experiencing chronic congestion and lack of dredging, how can you turn reliable domestic delivery lead times into a competitive advantage against overseas suppliers?

Market Background – Why Vietnam HRC Deserves Your Attention Now

Vietnam is no longer just a low‑cost assembly hub. In Q1 2026, HRC consumption grew 30% while construction steel rose 12% and coated steel only 5% – a clear sign that industrial and manufacturing demand is driving the market. Domestic production is dominated by Hoa Phat (61% share) and Formosa Ha Tinh (39%), but they cannot fully satisfy the surge. Imports – primarily from China – filled the gap. Now, the new 27.83% duty on Chinese wide‑width HRC will shut that tap for a key segment. Simultaneously, port bottlenecks and rising global freight costs (BDI at 2,095 points) are squeezing supply chains. Whether you buy or sell HRC in Vietnam, the next two weeks will determine your Q2 margins. This report delivers the data and action steps you need – without fluff or generic forecasts.


📧 Questions or need a custom report tailored to your specific HS code or port?
Contact amy@amyinsights.com

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