August 2011 Hoa Phat steel trading up nearly 42%

Despite the time of the lunar calendar in July is considered the most groomy period in the year of the construction industry, consumption of Hoa Phat Steel has reached 60,200 tons, up 42% over the previous month.

Thus, summarizing the first 8 months in 2011, Hoa Phat Steel sold 432,000 tons, rose 14% over the same period last year. In the last months of the QII and early months of QIII HPG steel production growth average 15%.

Hoa Phat now owns two production lines of steel in Pho Noi A Industrial Zone (Hung Yen) and Hoa Phat Steel Integrated Complex (Hai Duong). Especially the steel plant in Hung Yen has recently completed the renovation of two arc furnace, capacity increased 15%, reached 230,000 tons steel per year and reduce power consumption about 30kw / 1 ton to finished products.

HPG