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26 Jan
08:05

Hoa Phat doubles production in 2020

Vietnam’s leading steelmaker, Hoa Phat Group, improved performance in 2020 and exceeded its original targets. This is despite the impact of Covid-19 on production last year, Kallanish notes. Crude steel output reached 5.8 million tonnes in 2020, double 2019 output. Billet and finished construction steel accounted for 5.1mt, while hot rolled coil was 700,000t. Output of construction steel products alone reached 3.4mt, up 22.5% over the same period l…
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