Business

Hoa Phat sells 226,000 tonnes of steel in May

Hoa Phat Group has said it sold 226,000 tonnes of construction steel in May with a 3.5-fold increase in southern market, raising the five-month figure to 1.16 million tonnes, up 22.4 percent year-on-year.
Hoa Phat sells 226,000 tonnes of steel in May ảnh 1Illustrative image (Source: hoaphat) 
Hanoi (VNA) – Hoa Phat Group has said it sold226,000 tonnes of construction steel in May with a 3.5-fold increase insouthern market, raising the five-month figure to 1.16 million tonnes, up 22.4percent year-on-year.

Some 149,000 tonnes were sold in the south, marking a1.65-fold rise from the same period last year.

Steel export also rose by 21.4 percent to about 106.400tonnes, mostly to Japan, the US, Canada, ASEAN member states such as Cambodia,Malaysia and Laos.

In late May, the group shipped the first batch of 6,000tonnes of quality rolled steel to Japan. Another 18,000 tonnes are waiting for deliveryabroad in June.

Also during the month, it exported the first two containersof steel wires to Malaysia.-VNA
VNA
#Hoa Phat Group #Vietnamplus #Vietnam News Agency #steel wires #construction steel #ASEAN member states #rolled steel Vietnam
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