Industry News

Hòa Phát steel sales surge in July

Views : 400
Update time : 2020-08-05 19:25:13
A Hòa Phát steel plant. — Photo courtesy of the company

HÀ NỘI — Leading steel manufacturer Hòa Phát Group sold 300,000 tonnes of construction steel in July, up 19 per cent from June and 27.5 per cent year-on-year.

According to the firm, last month it exported 53,500 tonnes of steel, double the volume in the same period last year.

Sales in the southern region rose two times year-on-year to 75,000 tonnes, mostly thanks to civil construction works. The launching of public infrastructure projects also helped push Hòa Phát’s steel sales up.

In the first seven months of 2020, Hòa Phát supplied 1.81 million tonnes of construction steel to the market, up 14.5 per cent year on year, including 256,500 tonnes shipped to foreign markets, up 73.3 per cent and equivalent to the total export volume in 2019.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern