Hoa Phat steel pipe output was highest in July

In July/2019, Hoa Phat steel pipe output reached 70,600 tons, which is the highest output of Hoa Phat Steel Pipe since the beginning of this year, increased 32.5% compared to the same period in 2018. In particular, Central Highlands market witnessed the highest growth rate of 42.1%. As a result, Hoa Phat Steel Pipe continues to hold the No.1 market share in Vietnam with more than 30% market share, firmly affirmed its leading position.

In July cumulative, Hoa Phat provided 433,700 tons of steel pipe to the market, increased 18% compared to 2018. Since the beginning of the year, Hoa Phat exported more than 12,000 tons of steel pipe, an increase of 25% compared to the same period. The current export markets of Hoa Phat Steel Pipe Company include North America Southeast Asia, India, Australia and Latin America. 

In the past period, due to the good quality and service with diversified and abundant products, Hoa Phat steel pipe was chosen to supply for many large projects and constructions throughout Vietnam. In the North, Hoa Phat hot-dipped galvanizing pipe and black-plated pipe products contribute to many constructions such as Vinfast Automobile Factory, Ramatex - Industrial zone VSIP Project (Hai Phong), Osen Quang Hanh Project (Quang Ninh Province), Masan Factory - Industrial zone Dong Van IV (Ha Nam), Pho Moi tourism project (Lao Cai), Aqua Bay Apartment - Ecopark Urban Area (Hung Yen), Phong Phu - Daewon housing project, Thanh Cong Building - Urban Area VinCity (Hanoi)...

In the Central, there are many big bridges in Da Nang built up by Hoa Phat Steel pipe including: Tran Thi Ly bridge, Thuan Phuoc bridge, Han River, Dragon bridge, and tourism resorts, entertainment complexes, hotels and industrial zones such as Ba Na Hill, Cocobay, Vinpearl Nam Hoi An, Asia Park, Da Dang Administration Center, FLC Quang Binh, FLC Quy Nhon, VSIP Quang Ngai IP… In the Southern region, the major project constructed by Hoa Phat steel pipe are Landmark 81 Building, 175 Hospital - Go Vap, Van Lang University, Palm Garden - district 2, Minh Phu high-tech shrimp farming, Waterfront Phu Quoc, Timberland Manwah factory - Binh Duong, Brotext colored-yarn factory - Phuoc Dong industrial zone - Tay Ninh...

In 2019, in order to diversify the range of pipe products, the Company invested in installing the most modern technology manufacturing line to produce large pipe ⱷ325 with the high-tech equipments and auxiliary machines, especially the pressure test system in Hoa Phat Hung Yen Steel Pipe factory.

Large pipe products are widely supplied for road constructions, steel structure for large national projects, fire protection systems, high buildings, apartments, airport constructions, oil piping and air duct systems…. It is expected that new products will increase steel pipe output of 2,000 - 3,000 tons/month when launched in the market at the end of this year. This is the first large-sized steel pipe production project in the North, affirming Vietnam's No. 1 position of Hoa Phat Steel Pipe.

Hong Hanh - Quoc Hoang