Steel producer’s exports double in September

Vietnam’s largest steelmaker Hoa Phat Group has said its steel exports in September doubled compared to the previous month, hitting a record high of nearly 50,000 tonnes.
Steel producer’s exports double in September ảnh 1At a steel mill of Hoa Phat (Photo: VNA)

Hanoi (VNA) – Vietnam’s largest steelmaker Hoa Phat Group has said its steel exports in Septemberdoubled compared to the previous month, hitting a record high of nearly 50,000tonnes.

Its major markets included the US, European and SoutheastAsian nations.

In the first nine months of 2021, Hoa Phat shipped over273,000 tonnes of galvanised steel sheet abroad, rising 2.6-fold against thesame period last year. The amount made up 64 percent of the total steel sheetssold in the period.

Hoa Phat was among the five largest steel sheet producers ofVietnam, holding about 6.5 percent in the market.

This year, its affiliate Hoa Phat Steel Sheet Company hasbolstered exports to expand its coverage in world’s leading consumption markets, including the US, Mexico, European nations and the UK, especially ones with stringent origin tracing requirements./.

VNA

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