Hoa Phat successfully run steel mill built 720,000 tons / year

On 03/23/2016, No. 4 steel rolling mill of the Hoa Phat integrated Steel Complex in Hai Duong officially put into trial work by the first batch of steel as schedule set. With this mill, Hoa Phat will additionally supply to the market 60,000 tonnes of steel per month from 4/2016, contributing to stabilize the market.

Mr. Kieu Chi Cong - Director of Hoa Phat Steel One member Co., Ltd said that the supply capacity of Hoa Phat Steel currently around 120,000 tonnes /month and after the above rolling mill into formal operation late of March 2016, the production capacity of Hoa Phat construction steel will be raised to 180,000 tonnes / month, equivalent to about 2 million tons per year. For short-term, the reased steel will be priority supplied to the south, contribute to reducing the fever of construction steel in this market.

Mr. Cong affirmed that the production plants of Hoa Phat Group and many other manufacturers totally have the ability to provide goods to the market. Hoa Phat Steel is also the manufacturer that has lowest selling price in the recent.

On the other hand, Hoa Phat also asked its distributors that they are not reserves, pin, ensure timely supply to consumers with the most reasonable price.