Vietnam's Hoa Phat ends 23' with highest sales in Dec

Hoa Phat Group (HPG), the largest steelmaking group in Vietnam, posted the highest sales of construction steel and high-quality steel of all types in December 2023 since the beginning of last year and in the past 20 months, according to the Hanoi-based group's release.

HPG's sales of hot-rolled coils (HRCs), construction steel and steel billets totalled 760,000 tonnes in the final month of last year, higher by 7% from the month before. And it produced 648,000 tonnes of crude steel in December, growing by 4% from November. The rise in its December steel sales was mainly