The project has a total investment of more than VND6,32 trillion (US$275 million), a scale of 14 hectares (34.5 acres) with a design capacity of 5GWh/year, equivalent to approximately 30 million battery cells per year.
The UK – Viet Nam Free Trade Agreement (UKVFTA) was providing significant opportunities for Viet Nam to expand the export of steel and iron products in the UK.
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.
Eight commercial banks on Thursday in Ha Noi signed a deal with Hoa Phat Dung Quat Steel JSC, a member of Hoa Phat Group, granting credit of VND35 trillion (US$1.53 billion) to its Hoa Phat Dung Quat 2 Iron and...
Local exports of iron and steel reached 1.53 million tonnes with a value of nearly US$1.5 billion in August, marking the month with the highest export value of those products.
Although local iron and steel prices have ped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer.
Iron and steel exports to the EU reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.
The Hòa Phát Dung Quất Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on Thursday, where stern standards and stringent requirements are applied.
During the plant’s groundbreaking ceremony, chairman of the provincial People’s Committee Phan Ngoc Tho said the project was a bright spot for the province''s industrial sector.
In the first half of 2019, Hoa Phat Group poured nearly VND9.17 trillion (US$393.35 million) into Dung Quat iron and steel production complex, raising total investment in the project to approximately VND42.92 trillion.
Viet Nam exported 3.44 million tonnes of steel and iron worth US$2.24 billion in the first half of this year, up 4 per cent in value and 21 per cent in volume from the same period last year.
Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of cold-rolled coils of iron or non-alloy steel originating or exported from four countries, including Viet Nam, China, Japan and South Korea.