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07 Apr
05:59

Hoa Phat's production, sales recover in March

Vietnamese steelmaker Hoa Phat Group has seen its steel production and sales recover slightly in March with a slow improvement of the local steel market. It produced 440,000 tonnes of crude steel in the past month, a growth of 6% compared with February. This pushed crude steel output in the first quarter to 1.2 million tonnes, down 42% year-on-year, Kallanish notes. HRC production was 210,000t in March, up 13% from February. Sales of billet, construction steel an…
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