[SMM Steel] Hoa Phat Develops High-Strength Steel for Auto and Heavy Equipment

Published: Jun 24, 2026 18:28

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Vietnamese steelmaker Hoa Phat has produced S700MC high-strength hot-rolled steel plate for load-bearing structures in trucks, trailers, special-purpose vehicles and heavy equipment. The grade offers strength, formability and weldability, supporting weight reduction and higher load capacity. The move expands Hoa Phat’s value-added steel portfolio and reduces reliance on imported advanced grades.

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