Vietnamese steel producer Hoa Phat Group will double its prestressed concrete steel wire strand capacity, putting into operation the PC strand line No 2 at the Prestressed Steel Factory at the end of September. With the new line, the annual capacity will increase to 600,000 tonnes from 300,000 tonnes. Hoa Phat’s exports of PC strand reached 22,000 tonnes the January-August 2022, up by 54% YoY. Hoa Phat's PC strand has been mainly exported to the US, Canada, Singapore, Myanmar, Malaysia, Brazil, Cambodia, Sri Lanka and Taiwan.
Vietnamese steel producer Hoa Phat Group will double its prestressed concrete steel wire strand capacity, putting into operation the PC strand line No 2 at the Prestressed Steel Factory at the end of September. With the new line, the annual capacity will increase to 600,000 tonnes from 300,000 tonnes. Hoa Phat’s exports of PC strand reached 22,000 tonnes the January-August 2022, up by 54% YoY. Hoa Phat's PC strand has been mainly exported to the US, Canada, Singapore, Myanmar, Malaysia, Brazil, Cambodia, Sri Lanka and Taiwan.