Tag: Vietnam: Hoa Phat’s steel sales- production rise m-o-m in May

Monthly steel sales by Vietnamese integrated steel major Hoa Phat increased by 10% in May’22 to 660,000 t as against 600,000 t in Apr. The rise in sales was backed by higher preference for domestically produced steel over imports. Meanwhile, the company’s crude steel production rose 5.8% to 780,000 t in May from 740,000 t…