Hoa Phat steel sales volume rose sharply in the South

In 4/2015, Hoa Phat steel output reached nearly 141,000 tons of sales, increased by 38% compared to April last year. The whole market areas have strong growth in which consumption of products from Danang to the South increased of over 100% compared to the same period last year.

Specifically, the Northern region still accounts for the total output’s largest proportion of more than 72% of sales. With 38,800 tons, the market area from Da Nang to the South contributed nearly 28% of sales volume. This figure shows that Hoa Phat steel is increasing its sales in the southern market dramatically. After only one year, steel consumption has increased more than 2 times.
 
In particular, the Hoa Phat steel branch in Da Nang, HCMC growth was 123%, 167%, respectively. Branch of Hoa Phat steel in Binh Dinh rose 53.3%.

Sales volume of Hoa Phat steel by each market area

According to the Vietnam Steel Association, demand for construction steel in many real estate projects, bridges ... and the civil market in the country is growing. This bodes well, contributing to the growth of the steel market in general and Hoa Phat Steel in particular last time.

After 4 months of the year, Hoa Phat reached 437,000 tons of construction steel, equivalent to 36% of the plan and the current market share about 23%.

Nghi Trần