Vietnam's Hoa Phat Group announced that its hot rolled coil (HRC) production had reached 15 million mt. The group currently operates two steel mills: Hoa Phat Hung Vuong 1 produced over 13.5 million mt of HRC since commissioning, while Hoa Phat Hung Vuong 2, which began operations in August this year, had produced approximately 1.5 million mt of hot rolled coil. The group expected to increase production to 16 million mt by the end of 2025.
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