10,871.48 TRY BIST 100 BIST 100
4.58 CNY CNY CNY
33.02 USD USD USD
35.84 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.28 TRY Interest Interest
82.44 USD Fossil Oil Fossil Oil
27.89 USD Silver Silver
4.13 USD Copper Copper
99.08 USD Iron Ore Iron Ore
382.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,524.70 TRY Gold (gr) Gold (gr)

Great success from Vietnam's steel producer Hoa Phat Group

Hoa Phat Group, one of Vietnam's leading steel companies, achieved a significant success by producing 8 million mt of hot rolled steel coils (HRC).

Great success from Vietnam's steel producer Hoa Phat Group

This achievement, achieved in October 2023, came three years after the company's first HRC production in May 2020. Hoa Phat Group is the only Vietnam's steel company with the capacity to produce hot rolled coils, consolidating its leadership in the Southeast Asian steel industry.

The company's focus on technological advancements and capacity expansion played a crucial role in achieving this milestone. They have improved quality, productivity and efficiency by investing in advanced machinery, including roll forming machines and rolling racks.

Hoa Phat's hot rolled products cover a wide range of steel grades and sizes, catering to both local and international markets. Their expertise in hot rolled steel production technology and diversified product offerings have made them the largest steel producer in Southeast Asia.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

China's export growth leads to a decrease in global steel prices

Friday, July 26, 2024

Arab steel production surges in early 2024 despite mixed monthly performance

Friday, July 26, 2024

Dangote will not enter Nigeria's steel sector

Friday, July 26, 2024

China's scrap market continues to be volatile

Friday, July 26, 2024

Indonesia’s housing initiative boosts steel sector

Friday, July 26, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now