Author: Lalita
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Vietnam: Hoa Phat’s steel output drops 27% on monthly basis in Aug’21
Vietnamese steel major Hoa Phat Group clocked 681,000 t of crude steel output in Aug’21, lower by 27%, m-o-m. Steel sales totalled 690,000 t in Aug vis-a-vis 600,000 t in Jul. Maintaining strict compliance with Covid-19 protocols, Hoa Phat is operating blast furnaces at largely stable levels to ensure enough supply of steel products into…