Vietnam: Hoa Phat’s construction steel sales rise by 18% m-o-m in Feb’22

Vietnamese integrated steel major, Hoa Phat’s construction steel sales volume jumped by 18% to 450,000 tonnes (t) in Feb’22 as against 382,000 t a month ago. Improved demand from the civil construction sector post-the Tet holidays has boosted the sales volumes. Furthermore, an increase in public investment projects such as express ways and bridges shall keep steel demand supported, SteelMint learned for the company excerpts.


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