9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
353.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

Hoa Phat restarted blast furnace into operation for hot coils production

Vietnamese steelmaker Hoa Phat reactivates Guang'an Steel Plant's No. 4 blast furnace mainly to produce hot coils.

Hoa Phat restarted blast furnace into operation for hot coils production

Vietnam's largest steelmaker Hoa Phat has announced that the No. 4 blast furnace at its Dung Quat steel plant, which has been out of operation for several months, is back in operation. It was stated that the shutdown time of the furnace at the facility has been prolonged due to disruptions in the supply of raw materials, and it may take some time for the capacity utilization to reach high levels after restarting. Blast furnace No. 4 will mainly produce HRC as demand for HRC is higher than demand for construction steel.

The annual production capacity of the blast furnace at Guang'an Steel Works is 1 million tons, and the annual crude steel production capacity of the steel plant is 5.6 million tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

India’s crude steel production increased by 4.5% in November

Monday, December 23, 2024

South Korea's crude steel production declines in November

Monday, December 23, 2024

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now