Industry News

Vietnam's Hoa Phat steel sales hit record high in Sep

Views : 453
Update time : 2020-10-07 17:49:31
Hoa Phat Group announced its domestic steel sales reaching 522,000 tons, hitting a record high, including 352,000 tons of finished steel and 170,000 tons of steel billet, up by 82.3% from the same period last year.

The export quantity was 62,700 tons, which doubled from a year ago.

Hoa Phat's crude steel output was over 4 million tons in the first nine months of this year, two times the figure in 2019. Among them, it was around 2.5 million tons of finished steel, and the remaining was steel billet and hot-rolled coil.

The group's domestic sales to the Southern region had double growth to nearly 600,000 tons from January to September, mainly to support public projects such as expressway, power plant, port construction, and hospital development.
Related News
Read More >>
LME aluminium cools despite Hormuz tensions, cash offer drops to $3,440/t, while longer-dated contracts climb LME aluminium cools despite Hormuz tensions, cash offer drops to $3,440/t, while longer-dated contracts climb
Mar .17.2026
LME aluminium cools despite Hormuz tensions, cash offer drops to $3,440/t, while longer-dated contracts climb
China's primary aluminium output rises 3 per cent Y-o-Y during Jan-Feb China's primary aluminium output rises 3 per cent Y-o-Y during Jan-Feb
Mar .17.2026
China's primary aluminium output rises 3 per cent Y-o-Y during Jan-Feb
Hindalco eyes higher aluminium exports amid Middle East supply disruptions Hindalco eyes higher aluminium exports amid Middle East supply disruptions
Mar .17.2026
Hindalco eyes higher aluminium exports amid Middle East supply disruptions
After US tariffs, aluminium price surge due to Middle East conflict causing concern to Coca-Cola After US tariffs, aluminium price surge due to Middle East conflict causing concern to Coca-Cola
Mar .17.2026
After US tariffs, aluminium price surge due to Middle East conflict causing concern to Coca-Cola