Vietnam's Hoa Phat Steel is close to obtaining certification from the United Kingdom Certification Authority for Reinforcing Steels (Cares), which would allow it to sell its rebar to the key markets of Singapore and Hong Kong, sources told Fastmarkets this week.
Obtaining the certification means that a mill is able to produce construction steel to certain standards.For instance, in Singapore, rebar must be produced according to either the BS 4449:2005 or SS 560:2016 standards for...