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20 Sep
09:32

Hoa Phat increases construction steel market share

Vietnam's leading steelmaker, Hoa Phat, saw its construction steel market share increase to 37% in the first eight months in 2021, up from 28% at the beginning of the year, Kallanish notes. Although Hoa Phat's construction steel sales were down by 17% on-year in August alone to 268,000 tonnes, January-August sales increased by 16% on-year to nearly 2.5 million tonnes. Hoa Phat says 713,000t of construction steel were produced by Vietnam Steel As…
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