HANOI -- Leading Vietnamese steelmaker Hoa Phat Group has signed a contract with Germany's SMS Group to build a production line for tracks for high-speed railways, which the company said will make it the only Southeast Asian enterprise with that capability.
Materials
Vietnam's Hoa Phat to make high-speed train rails with German tech
Steelmaker claims to be sole Southeast Asian manufacturer addressing that need
Hoa Phat will upgrade its capacity in hot-rolled coil production at its site in Quang Ngai Province. (Yuji Nitta)
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