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13 Dec
10:36

Hoa Phat plans major output hike in 2019

Vietnam’s Hoa Phat Group says it expects to increase its output by as much as 33% in 2019 to 3.5-4 million tonnes/year as its starts commissioning its new Dung Quat steelworks. It also plans to boost export volumes, Kallanish notes. The $3 billion Dung Quat investment will see the first of four blast furnaces blown-in in February 2019. The plant will eventually have 4m t/y of hot metal capacity and will feed a 3.5m t/y hot strip mill as well as cold rollin…
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