Author: Ankit Tamrakar
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Vietnam: Hoa Phat’s steel sales decline m-o-m in Feb’24
Hoa Phat reported a 19% m-o-m decrease in sales of steel products like billets, construction steel, and HRCs to 518,000 t in Feb’24. However, its crude steel production was stable m-o-m at 690,000 t against Jan’24. The cumulative crude steel production during Jan-Feb’24 was 1.38 mnt, up by 71% y-o-y. Cumulative sales volume of steel…