On the 30th anniversary of Hoa Phat Group’s establishment, the 5 millionth tonne of hot rolled coil (HRC) was officially released at QSP Factory at Hoa Phat Dung Quat Iron and Steel Complex.

Hoa Phat Dung Quat Steel Joint Stock Company launched the first HRC batch on May 2, 2020. This event marked an important milestone, making Hoa Phat the first Vietnamese enterprise to produce HRC, affirming its position as the No 1 steel producer in Southeast Asia.

The QSP Factory's output has reached 3.5 million tonnes a year. HRC production output is increasing with stable quality with SS400 steel grades according to JIS G3101-2017 (Japan) and SAE: J403-14 (the US) standards. Products are used as raw materials for the production of steel pipes, roofing sheets and other special products such as container shells. In addition to supplying domestic partners and customers, Hoa Phat's HRC has been exported to markets such as the US, Mexico, the EU and Malaysia.

The group will implement the Hoa Phat Dung Quat 2 Iron and Steel Complex project with a capacity of 5.6 million tonnes of HRC a year, bringing the total annual HRC capacity to 8.6 million tonnes by 2025. — VNS