Vietnam Hoa Phat's Jan crude steel output rises 67% on year to record 670,000 mt

摘要

Singapore—Vietnam’s Hoa Phat produced 670,000 mt of crude steel in January, up 67% year on year and a record monthly high for the company, the steelmaker said Feb. 5. Hoa Phat has brought a string of blast furnaces online at its Dung Quat steel complex since 2019. The latest addition saw its fourth Dung Quat blast furnace starting production Jan. 6, taking the complex’s overall crude steel output capacity to 4.8 million mt/year. The first two of its four greenfield Danieli Corus 1,080 cu m blast furnaces were fired up in June and November 2019, and the third in August 2020.