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Mar.29.2024 1USD=7.095RMB
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Steel Sales of Hoa Phat Reached 690,000 tons in August

https://en.steelhome.com [SteelHome] 2021-09-27 09:28:55

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Hoa Phat Group achieved a crude steel output of 681,000 tonnes last month, representing 40 per cent year-on-year increase. Its steel sales reached 690,000 tonnes. Of which, the sales of construction steel was reduced by 17 per cent from the same period last year to 268,000 tonnes.

Hoa Phat's total crude steel capacity is currently 8 million tonnes a year, of which construction steel is 5 million tonnes, hot-rolled coil 3 million tonnes year. In the first 8 months of 2021, Hoa Phat Group achieved crude steel output of 5.4 million tonnes, up 56 per cent over the same period last year.

Sales of finished steel products reached 5.6 million tonnes, up 47 per cent over the same period last year.

In which, construction steel was nearly 2.5 million tonnes, posting 16 per cent year-on-year increase. Hoa Phat’s steel pipe products recorded 458,000 tonnes, equal to 92 per cent of the corresponding period last year. In the first 8 months of the year.

Source: Hoa Phat Group Website

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