06
Mar
10:03
Hoa Phat's steel sales decline 19% in February
Vietnamese steel producer Hoa Phat Group's crude steel output remained stable at 690,000 tonnes in February, but sales of hot rolled coil, construction steel and semis fell 19% on-month to 518,000t. This was largely due to the Lunar New Year (Tet) holiday.
Specifically, Hoa Phat's construction steel and high-quality steel production was 212,000t, a 42% decrease from January. It also supplied more than 38,000t of billet to the market, of which exports contr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous