23
Jun
11:45
Domestic HRC demand supports Hoa Phat: investment firm
Viet Dragon Securities Corporation (VDSC) forecasts Hoa Phat’s second-quarter profit after tax will be about VND 10.2 trillion ($443 million), and then fall to VND 8.9 trillion in Q3. The results would be supported by strong hot rolled coil prices and demand from galvanised steel exporters, Kallanish notes.
VDSC believes Hoa Phat will face no difficulties in selling all its output, even though it is not the most competitive supplier in terms of price. T…
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Anonymous
Very good overview of the weekly steel market.
Anonymous