Tag: Vietnam: Hoa Phat’s steel sales rise q-o-q for Q1 CY’24

Vietnam: Hoa Phat’s steel sales rise 35% y-o-y in Jan-Mar’24

Apr 8, 2024

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by

Snehal Govardhan

in HRC

Hoa Phat’s steel sales rose by 34% y-o-y to 1.85 mnt in Q1CY’24 against Q1CY’23. Crude steel production surged by 70% y-o-y to 2.1 mnt during the same time period. In addition, sales increased by 34% m-o-m reaching 693,000 t in Mar’24 against Feb. Furthermore, crude steel production in Mar went up by 7% m-o-m…