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THE WORLD’S LONG STEEL MARKET IS UNCERTAIN DUE TO RISING PRICES AND WEAK DEMAND

We have now entered a rising-cost business cycle, which is making the situation in the worldwide market for long steel goods worse. According to the International Rebar Producers and Exporters Association’s most recent short-term prognosis, inventories are holding up far longer than anticipated as a result of the market’s lack of demand (Irepas). Regarding the steel...

Hoa Sen Group honoured as large tax payer

The award ceremony, held on Thursday, is part of the Customs – Business Forum 2022, which is being held as part of the 77th anniversary of the founding of Viet Nam Customs. Hoa Sen is the only private enterprise operating in the manufacturing, production and trading of galvanized steel industry to be honoured. In 2021,...

HOA SEN GROUP – MORE THAN 20 YEARS OF ESTABLISHMENT AND DEVELOPMENT

Hoa Sen Group was established based on the core values ​​of Honesty – Community – Development. Over 20 years of establishment and development, Hoa Sen Group has become a leading corporation in the field of manufacturing and trading of Steel Sheet, Steel Pipe and Plastic Pipe. Occupying the No. 1 market share of Steel Sheet...

EU HRC MILLS OFFER SIGNIFICANT DISCOUNTS TO INCREASE SALES

Northern mills saw less success than expected at the EUR 850 (USD 871) per ton pricing level, EXW Ruhr, according to Northern European sources, which saw lower HRC prices as doable. The source claimed that while prices were actually stable around EUR 850 (USD 871) per ton EXW Ruhr, other mills were acting more assertively in talks...