15
Apr
12:27
Hoa Phat becomes leading steelmaker in Vietnam
Hoa Phat Group says it produced 2 million tonnes of crude steel in the first quarter, up 60% on-year, making it the largest steel producer in the country, Kallanish notes from the firm’s official announcement.
Formosa Ha Tinh occupies second place with an output of 1.62mt in the same quarter.
In March alone Hoa Phat produced 700,000t of crude steel, up 56% from the same period last year, hitting a record monthly high. It also saw steel product sales top 1mt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous