10,025.05 TRY BIST 100 BIST 100
4.92 CNY CNY CNY
35.62 USD USD USD
36.90 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.60 TRY Interest Interest
79.77 USD Fossil Oil Fossil Oil
30.52 USD Silver Silver
4.28 USD Copper Copper
104.31 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,120.62 TRY Gold (gr) Gold (gr)

Hoa Phat to export 120,000 tons of steel billets to Hangzhou CIEC Group Co Ltd

Steelmaker Hoa Phat has signed a contract to sell 120,000 tons of steel billets worth VND 1 trillion (approximately US$43 million) to Hangzhou CIEC Group Co Ltd of China.

Hoa Phat to export 120,000 tons of steel billets to Hangzhou CIEC Group Co Ltd

The order will be met with multiple deliveries from July to the end of August. This order will be the largest ever received by Hoa Phat.

The steel is produced at the Hoa Phat Dung Quat Steel Complex in central Quang Ngai province.

Hoa Phat Group has been experiencing increases in steel exports in recent years. The company shipped approximately 195,000 tons of steel billets abroad in 2019, of which 97.4% was made to China.

Last year, Hangzhou CIEC Group ordered more than 100,000 tons of steel billets from Hoa Phat.

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

Dr.Keyvan Jafari Tehrani discusses strategies for boosting Iran's steel and mining industries

Wednesday, January 22, 2025

German industry groups highlight challenges facing the recycling ındustry

Wednesday, January 22, 2025

EGA's (Emirates Global Aluminum) US plant expansion project reaches an important stage

Wednesday, January 22, 2025

ArcelorMittal Al Jubail boosts steel pipe production for vision 2030

Wednesday, January 22, 2025

Saudi minister Al-Khorayef Engages global leaders at Davos to boost industrial and mining sectors

Wednesday, January 22, 2025
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