08
Apr
09:42
Hoa Phat to commission longs capacity
Vietnam’s Hoa Phat Group aims to start up rolling capacity at its Dung Quat integrated steelworks in May to boost revenue ahead of the commissioning of the first blast furnace next year. The company expects to sell most of its product to the local market, with around one quarter exported, Kallanish notes.
Local media reports that the first 600,000 tonnes/year long product rolling mill will come on-stream in May. The plant will eventually have four 1m t/y b…
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