03
Jan
11:36
Hoa Sen profits slip, debt grows
Vietnam’s Hoa Sen Group saw profits slide and debts grow in 2017 amid a difficult year for the industry. The overall outlook for Vietnamese steel remains positive but the group will be hoping to boost revenue from its investments before its debt burden weighs further on its operations, Kallanish notes.
The steel re-roller and galvaniser is ramping up capacity at recent investments such as its new 400,000 tonnes/year cold rolling mill which it commissioned …
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Anonymous
Very good overview of the weekly steel market.
Anonymous