Vietnam: Hoa Phat Feb Construction Steel Exports Up

In Feb’20, Hoa Phat exported 205,490 MT of construction steel to the market, up slightly over the same period. In particular, sales volume in the South market and exports both increased sharply, more than 2 times compared to the same period in CY’19.

Specifically, Hoa Phat's construction steel consumption in the North is 86,516 MT, the Central is 23,938 MTand the South has the strongest growth of 54,810 MT, 2.2 times higher than Feb’19. For export markets, in Feb’20, Hoa Phat achieved the export output of over 40,000 MTof construction steel products to markets in countries around the world,