06
Feb
08:52
Hoa Phat's output increases, sales fall
Vietnam's leading steel producer Hoa Phat Group saw its crude steel output in January 2024 increase 7% month-on-month to 693,000 tonnes. HRC output gained 2% m-o-m in January to 275,800t.
However, the company's sales of hot rolled coils, construction steel products, and semis fell 16% from December 2023 to 639,000t. Among them, the sales volume of construction steel and fine steel was 363,000t, a decrease of 22% from December 2023. Hoa Phat explained that …
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Anonymous
Very good overview of the weekly steel market.
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