Hoa Phat to supply steel for Dai Dung's $61 million US contract

Friday, 24 July 2026 14:43:27 (GMT+3)   |   Istanbul

Vietnamese steel structure and mechanical engineering producer Dai Dung Group has signed a contract worth more than $61 million to supply steel structures and mechanical equipment for data centers and gas-fired power plants in the US, marking one of the company's largest international orders, according to media reports.

Vietnamese steelmaker Hoa Phat Group will serve as the principal supplier of steel materials for the contract, supporting Dai Dung's efforts to increase the use of Vietnamese-made steel in exports to the US market.

The company said the order reflects growing international demand for Vietnamese engineering and fabrication capabilities, particularly in sectors requiring high technical standards and large-scale manufacturing capacity.

The company noted that the project will contribute to expanding exports of high value-added industrial products while strengthening Vietnam's position in international supply chains for infrastructure and energy projects.

DamlaTükenmez
Damla Tükenmez
Editor
All Articles by the Author

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

Similar articles

Hoa Phat completes nearly 70 percent of rail and special steel plant

Import HRC deals in Vietnam done only by traders at discounts on initial offers

Vietnamese HRC buyers focus on local purchases, import offers higher

Hoa Phat's Dung Quat reaches one million mt monthly molten iron output in August

Vietnam's Hoa Phat announces limited local HRC price hike to grab share from imports

Vietnam's import HRC prices on the rise after previous bookings, outlook bullish

Vietnamese HRC buyers focus on local market, lower import prices only for non-VAT HRC

Hoa Phat plans $765 million expansion of Dung Quat rail steel project

Slight rise in Vietnam's import HRC segment in at least one deal, local sales lively

Hoa Phat cuts local HRC prices in Vietnam less than expected, import prices drop close to $500/mt CFR