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09 Sep
06:58

Social distancing hits Hoa Phat’s construction steel sales

Many Vietnamese localities such as Hanoi, Ho Chi Minh City and the southern provinces have increased social distancing and other lockdown restrictions. Hoa Phat’s construction steel and steel pipe volumes fell as a result in August, the firm says. Monthly production and sales of all steel products meanwhile remained stable. Hoa Phat sold 690,000 tonnes of steel products in August, up 15% month-on-month, but construction steel sales alone dropped 26% m-o…
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