The Hoa Phat Group exported about 200,000 tonnes of steel in 2017. 
(Photo: thephoaphat.org)

Quang Ngai (VNA) – The Hoa Phat Group announced on January 4 that it exported about 200,000 tonnes of steel in 2017.

Some 161,000 tonnes were shipped to the US, Canada, Australia, Malaysia and Cambodia. High-quality steel products have been favoured by foreigners.

The group also sold 79,000 tonnes of steel billets to domestic and foreign markets.

Last year, the company’s business hit a record of 3 million tonnes of steel, a year-on-year surge of 25 percent. Of the total amount, 2.2 million tonnes were construction steel, 600,000 were steel pipes, and the remainders are galvanised steel.

The Hoa Phat Group continued to affirm its leading position in the domestic market with its two main products – construction steel and steel pipes. Strong consumption was seen in the central and southern regions.-VNA