Hoa Phat JSC : Steel sold over 545,000 tons in the first 4 months

04/06/2016 10:37

In the first 4 months of 2016, Hoa Phat Steel reached a sales volume of 545,661 tons, up nearly 25% over the same period in 2015. The market share of Hoa Phat Steel occupied nearly 20% of the country's construction steel output. Hoa Phat Steel continues to export to Australia, Laos with more than 7,100 tons.

Hoa Phat Steel always operates full capacity to meet market demand

Particularly in April 2016, Hoa Phat sold than 150,000 tons, an increase of approximately 7% compared to the same period of 2015. According to the Vietnam Steel Association (VSA), the domestic market needs better, the season is favorable for construction activities, real estate market flourishes, therefore, the production and sales of construction steel in the last 4 months grew well, maintained at a higher yield than the average the previous year.

Stabilize the market when the manufacturer claims will ensure adequate supply of goods, meet the needs of the market, proving steel production capacity as well as domestic long steel construction in terms of quantity and quality.

However, some experts say the steel industry, from May onwards salability will be slower due to the rainy season approaching, the possibility of fluctuations in steel prices is not as much as the past.

Nghi Tran