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Vietnam's Hoa Phat Group may start to sell HRC from this Sep

30 Jun 2020 13:57 reported by Huda Chen

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Hoa Phat Group, one of the main steelmakers in Vietnam, indicated on June 25th that it would aim to offer hot-rolled coil (HRC) products from this September due to the second stage of Dung Quat would complete in the second half of this year.

At the same time, Hoa Phat Group also mentioned that it might be hard to achieve the previous goal, which to sell over 3.6 million tons of construction steel this year.

Moreover, the net-profit for Hoa Phat Group this year might reach VND 9 trillion, increased by nearly 20% year on year.

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