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CONF: Ha Tinh’s ‘19 finished steel target at 6-6.5 mln t

Formosa Ha Tinh Steel Corporation (FHS) in north central Vietnam's Ha Tinh province aims to increase its finished steel output to around 6-6.5 million tonnes for 2019, FHS vice president Lin Yao-Kang shared at the 2019 SEAISI Conference & Exhibition in Bangkok, Thailand on June 17.
The tonnage, if realized, will be up 30% from the 4.5 million tonnes the integrated steelmaker produced in 2018, with the core products still being hot-rolled coil and rebar, according to Lin. Last year, FHS’ hot rolling capacity ran at about 85%, while for rebar, the capacity utilization was at about 70% on average,

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