HomeSteelIndustryProjects Hoa Phat Group investing $1.53 bln in expanding capacity to become Vietnam's top HRC producer Hoa Phat Group is planning to raise its total steel capacity to 14 million tonnes per year and become Vietnam's leading HRC producer through the development of its Dung Quat 2 integrated steel complex, the company said this week. The $1.53 billion investment in the plant, arranged with eight Vietnamese banks, will increase its HRC capacity to 5.6 million tpy on completion in 2025. The facility currently produces 5 million tpy... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim March 25, 2022 09:01 GMT Singapore Keywords Hoa Phat Group Dung Quat 2 Vietnam rebar Vietnam HRC Vietnam steel Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
