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08 Jun
11:03

Hoa Phat's steel output rebounds in May

Vietnam's leading steel producer Hoa Phat Group saw a rebound in crude steel production in May and recorded a 10% year-on-year increase for crude steel output in the five months of this year. The local construction steel market was active last month but the downstream hot-rolled coil (HRC) market remains sluggish, Kallanish learns from the steelmaker. In May, Hoa Phat produced 780,000 tonnes of crude steel, up 16% y-o-y and slightly recover…
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