Vietnamese steel giant Hoa Phat Group announced that it has produced 737,000 tonne of crude steel in April 2022, while sales of steel products including construction steel, hot rolled coil & billet reached nearly 600,000 tonne, 256,000 tonnes of which is hot rolled coils, posting a 20% YoY increase. Construction steel sales amounted to nearly 300,000 tonne, down 30% YoY. However, the construction steel export volume still increased by 28% YoY to 93,000 tonne. Sales of steel pipes totaled 44,000 tonne, while galvanized steel sales reached 31,000 tonne, up 60% YoY due to higher exportsIn the January-April 2022, Hoa Phat Group produced 2.9 million tonne of crude steel, up 7% YoY, while sales reached 2.8 million tonneConstruction Steel - 1.6 million tonne, up 28% YoYHot Rolled Coil - 1 million tonne, up 16% YoYStel Pipes - 250,000 tonneCoated Steel - 136,000 tonne
Vietnamese steel giant Hoa Phat Group announced that it has produced 737,000 tonne of crude steel in April 2022, while sales of steel products including construction steel, hot rolled coil & billet reached nearly 600,000 tonne, 256,000 tonnes of which is hot rolled coils, posting a 20% YoY increase. Construction steel sales amounted to nearly 300,000 tonne, down 30% YoY. However, the construction steel export volume still increased by 28% YoY to 93,000 tonne. Sales of steel pipes totaled 44,000 tonne, while galvanized steel sales reached 31,000 tonne, up 60% YoY due to higher exportsIn the January-April 2022, Hoa Phat Group produced 2.9 million tonne of crude steel, up 7% YoY, while sales reached 2.8 million tonneConstruction Steel - 1.6 million tonne, up 28% YoYHot Rolled Coil - 1 million tonne, up 16% YoYStel Pipes - 250,000 tonneCoated Steel - 136,000 tonne
