Hoa Phat’s construction steel exports up 17 percent in April (Photo: Hoaphat.com.vn)
Hanoi (VNA) - HoaPhat Group, the largest steel maker in Vietnam, exported over 20,000 tonnes ofconstruction steel in April, up 17 percent year-on-year.
It also shipped abroad 180,000 tonnes of steel billets in the month, mainly toChina.
The figures have viewed as positive given that many localities have restrictedconstruction activities due to social distancing requirements amid the COVID-19pandemic.
Notably, April steel sales in the southernregion hit nearly 56,000 tonnes, up 67.1 percent.
Hoa Phat’s exports of finished steel products in the month increased by 16.9percent year-on-year, with key importers being Japan, Canada, Malaysia,Indonesia and Taiwan (China).
In the first four months of 2020, Hoa Phat supplied over 530,000 tonnesof steel billets to domestic and foreign markets.Meanwhile, its sales of construction steel in the period hit over 1million tonnes, up 7 percent against the same period last year./.
Hoa Phat Group sold more than 1.34 million tonnes of construction steel to the Vietnamese market in the first half of 2019, up 22.9 percent year on year, retaining its position as the biggest supplier with a market share of 25 percent.
Hoa Phat Group, the largest steel maker in the country, said it provided more than 2.77 million tonnes of high-quality construction steel to the market in 2019, a year-on-year surge of 16.8 percent.
Hoa Phat Group exported more than 265,000 tonnes of construction steel in 2019, up 11.3 percent year on year, the multi-sectoral conglomerate reported.
Hoa Phat Group, the largest steel maker in the country, exported over 40,000 tonnes of construction steel in February, almost tripling that of the same period last year.
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Hoa Phat’s construction steel exports up 17 percent in April (Photo: Hoaphat.com.vn) 
