HCMC – Australia will not impose anti-dumping duties on concrete reinforcing steel exported by Hoa Phat Group JSC (HOSE: HPG), after concluding an investigation into rebar imports from several countries, including Vietnam.
The Australian Anti-Dumping Commission said on December 16, 2025 it had ended its investigation into rebar imported from Malaysia, Indonesia, Turkey, Thailand and Vietnam.
The commission found that the dumping margin for Hoa Phat’s rebar was below 2%.
Under World Trade Organization rules, margins at this level are considered negligible and do not justify the imposition of anti-dumping measures.
Australia therefore closed the case without applying any duties to Hoa Phat’s steel products, the commission said.
The ruling followed a review of pricing and cost data submitted during the investigation. In 2025, Hoa Phat recorded several outcomes in overseas trade defence cases.
Earlier this month, the Canada Border Services Agency said Hoa Phat’s wire rod would face an anti-dumping duty of 5.7%, with the rate falling to zero if export prices of galvanized wire rod were at or above normal value.
The European Union and India have previously decided not to impose anti-dumping duties on Hoa Phat’s hot-rolled coil products.
Closing the trading session today, December 24, HPG edged down 0.75% to VND26,550, with a trading volume of over 23.1 million shares.
Vietnam’s benchmark VN-Index rose on Wednesday, supported by gains in property and banking stocks, while trading activity declined from the previous session.
The VN-Index added 10.67 points, or 0.6%, to close at 1,782.82 points, with 144 winners and 169 losers.
Trading volume reached more than 808 million shares with a value of VND25.24 trillion. Volume was down 6% and value fell 3.7% from the previous session. Block deals accounted for about 123.7 million shares worth VND4.32 trillion.
VHM was the biggest driver of the market. The stock rose 6.9% to VND122,800 per share, near its daily upper limit, with nearly 10 million shares traded. It contributed almost eight points to the benchmark index.
Bank stocks were among the top contributors. STB rose 4.8% and VPB gained 2.1%, each adding more than one point to the index.
DGC fell 5.2% to VND65,000 per share after two sessions of recovery. Trading volume exceeded 9.7 million shares. Foreign investors were net sellers of more than 1.4 million shares.
Banking shares led sector gains. SHB rose 3.7% with trading volume of nearly 112.7 million shares. HDB gained 1.3% to a record high of VND27,850. MBB added 0.8%.
Securities firms’ shares rebounded. VCI rose 3.94%, VND gained 2.26%, SSI added 1.8% and HCM rose 1.1%. VIX saw the heaviest trading in the sector but fell 1.3%.
Property stocks edged higher overall, supported mainly by VHM, while PDR, HHV, NVL and VCG slipped slightly.
On the Hanoi Stock Exchange, the HNX-Index fell 2.87 points, or 1.12%, to 252.6 points, as selling pressure increased late in the session. The exchange recorded 69 gainers and 74 losers. Trading volume reached 60.5 million shares valued at VND1.18 trillion.
