Hoa Phat Exports 12 KT Galvanized Steel to US
Vietnamese steel maker Hoa Phat exported about 10,000 tonnes of galvanized steel sheet to Europe for partners from Belgium and Spain in January 2021.
Vietnamese steel maker Hoa Phat exported about 10,000 tonnes of galvanized steel sheet to Europe for partners from Belgium and Spain in January 2021. Hoa Phat exported a shipment of more than 12,000 tonnes mainly of cold galvanized steel products exported to the Americas in February 2021. Hoa Phat galvanized steel sheet products are manufactured on technology equipment lines imported from Europe, meeting JIS, ASTM, EN, AS standards.
Hoa Phat is the only Vietnamese galvanized steel producer that can source hot-rolled steel produced at Hoa Phat Dung Quat Steel Complex in Quang Ngai. This is a great advantage, helping Hoa Phat promote market domination with competitive prices, control quality from input to output and increase the proportion of exports; especially meeting the criteria of the product's origin requirements in major markets around the world.
Hoa Phat's export activities started boosting from August 2020. Since then, Ton Hoa Phat has continuously received many orders from trading partners for galvanized sheet export to many major markets around the world. From 2021, Ton Hoa Phat sets an annual production target of 300,000-400,000 tonnes, of which the export ratio will be maintained at 30-40%.