Steel maker Hoa Phat receives new export orders in New Year
VOV.VN - Hoa Phat Group, Vietnam’s largest steel maker, said that it has received several export orders during the opening month of the year from markets such as the United States, Canada, Mexico, Puerto Rico, Australia, Malaysia, and Cambodia.
Most notably, the group has exported construction steel branded Grade 60 - Aircooled rebar and hot rolled coil steel coded from SAE1006 to SAE1021 to the Americas market.
All of the construction steel is manufactured in line with the US’ ASTM standards, which are instrumental in classifying, evaluating, and specifying the material, chemical, mechanical, and metallurgical properties of the various types of steel imported into the US market.
The export shipments were transported from Hoa Phat Dung Quat and Hai Duong Iron and Steel Integrated Complexes.
Aside from traditional steel product lines, Hoa Phat Group has successfully produced high-quality steel lines for export to several demanding markets. In addition, its container factory project is expected to officially be put into operation in the first quarter of the year.
Last year saw Hoa Phat supply the market with 7.2 million tonnes of steel, of which export output contributed approximately 1.2 million tonnes, up 15% compared to 2021.
At present, the group’s construction steel has been exported to 30 countries worldwide, including the US, Japan, Canada, Singapore, Hong Kong (China), and the Republic of Korea.