06
Nov
09:49
Downstream demand boosts Hoa Phat's October sales
Vietnam's leading steelmaker Hoa Phat Group saw a month-on-month increase in steel sales in October as downstream demand picked up. This came even as the mill's crude steel output fell during the same period, Kallanish notes.
According to the latest data released by Hoa Phat, the group's sales of hot-rolled coils (HRC), construction steel products, and semis increased by 7% m-o-m to 635,000 tonnes in October. Among them, HRC's sales increased by 17…
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Anonymous
Very good overview of the weekly steel market.
Anonymous