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06 Jul
16:09

Covid-19 hits Hoa Phat's June sales

The re-emergence of the Covid-19 pandemic has slowed down the growth of the Vietnamese steel industry. Hoa Phat says the company's sales of construction steel and steel pipes declined in June due to the impact of the epidemic and the rainy season compared with May, Kallanish notes. In June 2021, Hoa Phat Group's crude steel output was 658,000 tonnes, an increase of 49% year-on-year but slightly lower than the 700,000t output in May. In the same period…
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