JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Steelmaker JSW Steel reported a 6% growth in the crude steel production of 4.19 million tonnes in the last quarter of the financial year 2021. |
Hoa Phat Group sells over 2.16 million tonnes of steel in Q1
The sale of construction steel hit 855,000 tonnes, a year-on-year surge of 17 percent. Exports of the item topped 147,000 tonnes, up 10 percent. |
Hoa Phat becomes Vietnam’s biggest steelmaker
Hung Nghiep Formosa Ha Tinh took the second spot with output of 1.62 million tonnes, 20 percent lower than Hoa Phat. |
Hoa Phat earmarks 3.67 bln USD for Hoa Phat Dung Quat 2 iron, steel project
The project is expected to be built in three years and become operational in 2024. |
Hoa Phat increases steel pipe market share to over 30 percent
Nearly 7,000 tonnes of pipes were shipped to the US, Australia, and Canada during the period, a year-on-year rise of 31 percent. |
Hoa Phat Group to start construction on container plant in June
The group has experience in large scale production, material resources and manufacturing. These factors have ensured high quality and reasonable prices for its cargo. |
Tata Steel raises daily oxygen supply to 500-600 tonnes
Last week, a Tata Steel spokesperson had said the company was supplying 300 tonne of LMO daily to various states. |
ArcelorMittal Nippon Steel India to set up a 250-bed medical facility with Oxygen supplied directly from its plant in Gujarat
“We are also trying to convert the old cryogenic tankers used for transporting nitrogen into tankers for transporting oxygen,” Oommen added. |
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