Vietnam's Hoa Phat sells over 3.8 million t of steel in Q3

Hoa Phat Group (HPG), Vietnam’s leading steel group, saw its sales of major steel products including construction steel, wire rod, hot-rolled coil (HRC) and steel billets reach 3.8 million tonnes in the July-September quarter, up 8% from Q2 and higher by 54% from Q3 2025, according to the latest announcement released by the Hanoi-based steelmaker on October 12.

Within this, HRC sales exceeded 2 million tonnes, up by a whopping 64% on year and accounting for more than half of the total, the release indicated. The group's hot coil sales have increased steadily over the past three quarters, rising from 1.47 million tonnes in Q1 to 1.9 million