Vietnam’s HR steel market to undergo transformation after Formosa Ha Tinh Steel start-up

摘要

The power balance in Vietnam’s HR flats segment will change in the medium term after the new integrated steel millFormosa Ha Tinh Steel comes on stream, becoming the only producer of HRC in the country. The company has agood chance to compete with import feedstock suppliers as well as win its place in the market making use of growingsteel consumption in the country.