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10 Aug
11:00

Hoa Phat reports output, sales growth despite lockdown

Despite many localities implementing social distancing in July due to surging Covid-19 cases, Vietnam’s Hoa Phat Group still achieved strong year-on-year growth in steel output and sales thanks to public investment projects. Hoa Phat produced around 700,000 tonnes of crude steel in July, 70% higher than the same period last year, Kallanish notes. Sales volumes across all steel products meanwhile reached 600,000t. Construction steel achieved the highest …
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