Saturday, May 18,2024 - 17:28 GMT+7  Việt Nam EngLish 

Hoa Phat (HPG) reached the milestone of 9 million tons of HRC steel 

 Sunday, March 31,2024

AsemconnectVietnam - Over the weekend, Hoa Phat officially reached the milestone of 9 million tons of hot rolled steel coil (HRC) after nearly 4 years since the first HRC coil in May 2020.

Over the past year, many improvement initiatives have been implemented at Hoa Phat Dung Quat Iron and Steel Complex, including the QSP Steel Sheet Rolling Factory (Quality Strip Production). The factory has installed additional rolling racks and roll forming machines to help roll HRC steel to a thickness of 1.5mm. Installing a rolling rack has improved product geometry, increased productivity and efficiency when rolling products compared to before.
Hoa Phat's HRC products are diverse in types such as: low carbon steel grades (SAE1006, SAE1008, S235JR, SPHC, SPHD, BJPC, SPHT1), medium carbon steel grades (SS400, S275, S355, SAE1017, SS36, ASTM A36 ), SPAH mark. Providing products with thickness from 1.2 to 19mm, width from 700 -1650mm according to the needs of domestic and foreign customers.
In 2023, Hoa Phat will also produce a number of new HRC grades such as S235JR, S275JR, S355JR for export to Europe and SPA-H weather-resistant steel for containers.
With a current capacity of 3 million tons/year, Hoa Phat Group is the only Vietnamese enterprise that can produce hot rolled steel coils (HRC). Products meet a series of strict Vietnamese and world standards such as: JIS, MS, BS EN...
In mid-2023, Hoa Phat Dung Quat Steel has registered and been granted CE Marking certification for HRC S235JR, S275JR, S355JR steel products, applied to produce steel structures. CE Marking is an important certification, affirming the quality of the Group's products, and is considered a "passport" when exporting to Europe, creating conditions to promote exports and diversify markets and consumption channels.
Hoa Phat's HRC is a foundation product and input material for many other high-tech manufacturing industries such as automobile manufacturing, shipbuilding, mechanical engineering industry, household appliances, steel structures, galvanized steel, steel pipes, container shells.
Hoa Phat Group is currently promoting the implementation of the Hoa Phat Dung Quat 2 Iron and Steel Production Complex project. The project has a capacity of 5.6 million tons of high quality HRC steel/year. Expected to be completed in the first quarter of 2025, Hoa Phat's crude steel production capacity will reach over 14 million tons per year, including 8.6 million tons of HRC, contributing to helping Vietnam's mechanical engineering industry. Nam is self-sufficient in raw material sources right in the domestic market.
Source: VITIC/Tinnhanhchungkhoan


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