09
Dec
05:51
Vietnam's Hoa Phat plans production increase
Hoa Phat Group in Vietnam could double production as it commissions the first phase of its new steelworks according to KIS Vietnam Securities Corporation (KIS), Kallanish notes.
The first 120-tonne converter at the Dung Quat plant was commissioned in August 2019 (see Kallanish passim). It now has two active converters and has another two converters to construct. It plans to double output of finished steel to an annualised 4.35 million t…
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