【SMM Steel】Hoa Phat accelerates rail, special steel project, sets 2027 production target

Published: Apr 7, 2026 18:35

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【SMM Steel】Hoa Phat is accelerating construction/equipment installation at its rail & special steel plant in Dung Quat Economic Zone. The project is ~35% complete, with total investment exceeding VND 10 trillion. Equipment installation begins in June with SMS group support. First high-speed railway products are planned for Q1 2027. The facility has 700,000 t/y capacity for high-quality specialized steel.

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