Hoa Phat Group leads whole country in steel consumption in May

The statistics of Vietnam Steel Association (VSA) showed that in the first five months of this year Hoa Phat Steel was ranked at the first place in terms of steel consumption volume at over 297,000 tonnes of products, equivalent to 14 percent of total market shares.

The group’s sales volume in Jan-May period increased by 40 percent against the same period last year. In May, the steel mills in the Hoa Phat Iron Cast and Steel Complex in Hai Duong province – the first phase reported gaining the highest steel production output, in which the scrolling steel mill had highest production output of 34,188 tonnes, surpassing the designed capacity by 13.4 percent.

Tags: Hoa Phat Group, Vietnam steel industry, Vietnam steel market, Vietnam steel prices

Posted by VBN on Jun 14 2011. Filed under Steel. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry