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Hoa Sen Group exports 15,000 tonnes of steel sheets to Mexico

Hoa Sen Group shipped 15,000 tonnes of steel sheets worth 12 million USD to Mexico from Nghi Son port in the central province of Nghe An on April 22.
Hoa Sen Group exports 15,000 tonnes of steel sheets to Mexico ảnh 1Hoa Sen Group shipped the largest batch of plated steel to Mexico (Photo: VNA)

Nghe An (VNA) – Hoa Sen Group shipped 15,000 tonnes of steel sheetsworth 12 million USD to Mexico from Nghi Son port in the central province ofNghe An on April 22.

This is the largest batch of plated steel destined for the American country afterthe Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) came intoeffect.

The group said that in the context of unpredictable price fluctuations of hot rolledsteel exerting immense pressure on the steel industry in recent times, Hoa Senhas adopted various measures to develop both domestic and foreign markets.

In the 2017-2018 fiscal year, Hoa Sen raked in 538 million USD from exports, up27 percent from the previous fiscal year. Its products have been present inmore than 75 countries and territories so far. Additionally, the corporation istargeting exports to several markets with high standards, like the Americas,Europe, and Africa.

Some 60,000 tonnes of Hoa Sen-branded products are sent overseas each month,most of them to CPTPP member states, particularly Australia, Mexico, Canada,and Malaysia.

The same day, the Hoa Sen Nghe An plant signed a 200 billion VND creditcontract with the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) to promote the development of the facility.–VNA
VNA
#Hoa Sen Group #Hoa Sen's largest batch of plated steel to Mexico #Comprehensive and Progressive Agreement for Trans-Pacific #CPTPP #Hoa Sen-branded products #the Hoa Sen Nghe An plant #HD Bank #Vietnam News Agency #vietnamplus
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