07
Jun
09:36
Hoa Phat sales surge, billet exports curbed
Vietnam's leading steel producer, Hoa Phat Group, saw strong sales growth in the first five months of this year. In order to maintain domestic supply, the producer had to restrict the export of billet, Kallanish notes.
From January to May, Hoa Phat's crude steel output was nearly 3.4 million tonnes, an increase of 56.5% year-on-year. Its steel sales increased by nearly 70% to 3.7mt. Sales of construction steel reached 1.6mt, up 27.5%. Domestic and exp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous