Vietnam

PFS implements gearbox upgrade to restore cold rolling mill operations

Expansions / Changes admin - October 18, 2024 0

Phu My Flat Steel (PFS), part of Viet Nam Steel Corporation, contracted Danieli Service Vietnam to refurbish the gearbox of its cold rolling mill...

HRC imports surge 26 pct in Jan-Sep 2024 YoY

Duties / Regulations admin - October 15, 2024 0

Vietnam imported 1.2 mln tons of HRC in September, marking a 34pct increase from August, according to the General Department of Customs. This amount...

Hoa Phat lifts HRC prices for December delivery

Flat admin - October 2, 2024 0

Vietnam's leading steel producer, Hoa Phat, has raised domestic prices for HRC scheduled for December delivery. The company is now offering HRC in SAE 1006...

Finished steel production expected to rise 7pct in 2024 YoY despite market challenges

Flat admin - August 12, 2024 0

Vietnam's finished steel production is expected to reach 30 mln tons this year, a 7pct increase from last year, according to the Ministry of...

Ministry launches AD probe into HRC imports from China and India

Duties / Regulations admin - July 22, 2024 0

Vietnam's Ministry of Industry and Trade has launched an anti-dumping investigation into HRC imports from China and India following complaints from the domestic industry,...

Hoa Phat’s revenue declines in Q2 2023 amid weak steel demand

Flat admin - July 31, 2023 2

Vietnam’s major steel producer, Hoa Phat Group posted a revenue of VND 29,800 bln (USD 1.25 bln) in Q2 2023, showing a decline of...

Hoa Phat orders new roll grinders for Dung Quat plant

Expansions / Changes admin - July 28, 2023 0

Tenova, a renowned global company specializing in sustainable solutions for the green transformation of the metals industry, has been awarded a new contract by...

Hoa Phat’s steel output and sales decline in June

Flat admin - July 7, 2023 0

Vietnam’s steel producer, Hoa Phat Group experienced a decline in crude steel production in June 2023, producing 520,000 tons, which was 23pct lower than...

Hoa Phat starts operations at upgraded hot rolled plant

Expansions / Changes admin - July 4, 2023 0

Vietnamese steel producer, Hoa Phat has successfully commenced operations at its upgraded QSP plant in Dung Quat. The expansion project, conducted by Danieli, focused on...