Hoa Phat steel output in June increased by 35.6% over the same ...

In June 2020, Hoa Phat's construction steel sales reached over 252,000 tons, an increase of 35.6% compared to June 2019. In particular, the export of construction steel products reached 39,508 tons, up 2,6 times over the same period.

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The Southern market still has the strongest growth in sales volume at nearly 65,000 tons, mostly doubled compared to June 2019. It was followed by the Central region with 38,533 tons, up 20.6% over the same period, the North climbed slightly.

 Accumulated 6 months, Hoa Phat has supplied 1.51 million tons of construction steel to domestic and international markets, went up 12.4% YoY, the Southern region nearly doubled to 357,000 ton. Export of construction steel products in 6 months reached approximately 203,000 tons, more than 67.3% YoY. Export markets of finished steel products include Japan, Australia, Canada, Thailand, Cambodia, Malaysia, ... 

Due to the advantage of a seaport that can accommodate ships of up to 200,000 tons, Hoa Phat Dung Quat Steel Integrated Complex easily and quickly transports and supplies products to the domestic and foreign markets.

Regarding crude steel products (billet), the total amount of steel billet produced in the last 6 months was 2.6 million tons. Besides serving the steel rolling factory of Hoa Phat, the amount of steel billet supplied to the market in the first 6 months was 831,000 tons, in June 2020 was 165,000 tons.

The above consumption of crude steel and finished steel products is positive in the complicated Covid-19 pandemic. This result also shows the determination of Hoa Phat Group in implementing the 2020 plan, striving to achieve the highest sales volume, maximizing the capacity of equipment lines.

Hong Hanh

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