Hoa Phat steel reached 60,000 tons in April

In April 2012, sales volume of Hoa Phat steel reached 59,580 tons, equal to 85% over the same period. However, Hoa Phat steel market share still remained with 13.8%.

The output volume was slightly down in compared to March 2012, but this was still a good outcome. The fact that State Bank announced to lower interest rate cap to 12% and credit relaxation for property is a positive signal for the economy in general and construction industry, real estate in particular. However the implementation of policy usually has a lag, so the enterprises hope that the policy will take effect in the third quarter.

Also in April, the output of Hoa Phat steel rolling mill (Nhu Quynh Industrial Zone - Hung Yen) reached the highest result ever with 33,120 tons, accounting for more than 50% of production output of Hoa Phat. The plant set the record output which has exceeded more than 30% of its design capacity.

Nghi Trần