Hoa Phat steel sales volume increased by 50%

In Augus2014, Hoa Phat has sold 76,800 tons of construction steel, rose more than 50% compared to the same period last year and an increase of nearly 7% compared to July, continues to be the leading company in market share with 17.7%. Central and southern region strongly growth as both areas have contributed more than 66,000 tonnes after 8 months.

Accumulation of 8 months, Hoa Phat steel reached 593 283 tons, up 37.3% compared to the same period. In particular, sales volume in the central and the south region has increased 2.5 times compared to last year, accounting 11% for each region in the total sales volume. Not only in the north, Hoa Phat steel brand is gradually being accepted in the southern market by its stable quality, competitive price.

Hoa Phat Steel is slowly conquering the southern market thanks to competitive price, stable quality

Much of large projects such as Hanoi - Lao Cai highway, Ha Noi - Hai Phong highway, Nhat Tan Bridge (north); Vam Cong Bridge (West), Nam Can Bridge (Ca Mau), Long Thanh - Dau Giay highway, administrative center tower of Da Nang, Ben Thanh Tower ... and ranges of thermal and hydro power projects, urban areas across the country have selected Hoa Phat steel for it credibility. 

According to report of the Vietnam Steel Association (VSA), the August steel consumption reached more than 400,000 tons, down 3.76% from the previous month, but up 10.79% compared with August of 2013. For first 8 months of 2014, steel consumption of the enterprises of VSA was 3.3 million tons, up 10.17% compared to the same period of 2013.

In the last months, Hoa Phat will focus on the deployment of phase 3 – Hoa Phat steel integrated in Hai Duong. After completion, construction steel output of the Group will be estimatedly 2 million tons per year by 2016.

Nghi Trần