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06 Jul
08:46

Hoa Phat’s first-half shipments reach 2.9mt

Vietnam's leading steel producer, Hoa Phat Group, saw its crude steel output decline in June, but sales hit a peak for this year. In the first half of 2023, Hoa Phat produced 2.86 million tonnes of crude steel, slumping by 34% year-on-year, Kallanish notes. Sales of construction steel, hot rolled coil and billet reached 2.9mt, down by 27% from the same period last year. This includes 1.6mt of construction steel, 36,000t of billet, 1.2mt of HRC, 325,0…
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