Hoa Phat exports over 6,000 tonnes of rolled steel to Japan

Hoa Phat, a major industrial group in Vietnam on May 19^th, 2019 shipped 6,000 tonnes of high-quality rolled steel to Japan through its wharf No 1 at Hoa Phat Dung Quat Port. This is the first shipment to Japan carried out by Hoa Phat’s newly opened Hoa Phat Dung Quat iron and steel integrated complex in the central province of Quang Ngai.

Prior to the complex opening, Hoa Phat’s overseas shipments were often sent via the Hai Phong Port in the northern city of Hai Phong. The steel will be delivered to four ports in Japan using two shipping vessels. The second shipment is expected to be on May 25^th, 2019.

The shipments labelled SAE according to the US ASTM standards will be sold to its long-term partner in Japan.

Japan is a demanding market with strict standards in term of quality. The exports of rolled steel to Japan has proved high competitiveness of Hoa Phat’s construction steel in the market.

Last year, Hoa Phat’s rolled steel exports to Japan soared 20 times to over 58,500 tonnes. In the first five months of 2019, the group’s total steel exports to the market are estimated to reach 22,000 tonnes. 

The Hoa Phat Dung Quat complex is designed to have a total of 11 ports, able to handle up to 32 million tonnes of goods each year.

Hong Hanh