Hoa Phat Develops Wire Rods for Fastners
Viatnamese steel maker Hoa Phat Dung Quat Steel Joint Stock Company has researched and successfully produced SWRCH22A carbon steel wire rod to replace imported goods for large scale screws production. From the first quarter of the year, Hoa Phat has produced SAE1022 steel wire for fastner production in the southern region. The group’s technicans have improved production methods to produce the high quality SWRCH22A carbon steel wire following JIS standard. According to the assessment of mechanical enterprises in Binh Duong Province, Hoa Phat's SWRCH22A wire has good quality, meeting the standards of manufacturing nails with higher requirements.
The steel wire rods have a diameter of 5.5-16 mm, ensuring ASTM standards and JIS with special mechanical properties.
The raw material demand for the fastner production is on average of 30,000-40,000 tonnes per month. The demand has been increased rapidly.