Vietnamese steel major Hoa Phat has started HRC exports to Italy. The first shipment of 35,000 t of SAE1006 grade is expected to be delivered by mid-Feb’22. In CY’21, Hoa Phat’s HRC sales aggregated to 2.6 mnt, out of which export volume accounted for less than 30,000 t. The company is looking forward to increase its HRC production capacity by another 5.6 mntpa with the implementation of Hoa Phat Dung Quat 2 Steel Integrated Complex project.
Leave a Reply