Vietnam.vn - Nền tảng quảng bá Việt Nam

Hoa Phat sold 5 million tons of steel in the first half of the year

Hoa Phat Group recorded for the first time that HRC steel sales output exceeded 1.1 million tons in the second quarter, up 18% compared to the first quarter of 2025.

Hà Nội MớiHà Nội Mới10/07/2025


9-7-thep.jpg

Hoa Phat steel production. Photo: HPG

According to information from Hoa Phat Group, in the second quarter, Hoa Phat produced 2.5 million tons of crude steel, an increase of 10% over the same period in 2024 and equivalent to the first quarter of 2025.

Sales volume of hot-rolled coil (HRC), construction steel, high-quality steel and steel billet reached 2.6 million tons, up 9% quarter-on-quarter and up 18% year-on-year in 2024.

Of which, hot rolled coil steel recorded sales output exceeding 1.1 million tons for the first time in a quarter, up 18% compared to the first quarter. Hoa Phat's construction steel and high-quality steel output reached 1.3 million tons, up 7% compared to the previous period.

Hoa Phat's downstream HRC products such as galvanized steel and steel pipes reached 110,000 tons and 216,000 tons respectively in the second quarter, a sharp increase compared to the first quarter of the year.

In the first 6 months of the year, the group produced 5.1 million tons of crude steel, up 17% over the same period. Sales of HRC, construction steel, high-quality steel and steel billets reached 5 million tons, up 23% over the first half of last year.

Of which, hot rolled steel contributed 2.2 million tons, up 42%. Construction steel and high-quality steel recorded 2.5 million tons, up 11% compared to the first 6 months of last year. With that result, Hoa Phat continued to hold the No. 1 market share in Vietnam in construction steel, with a rate of 38%.

Hoa Phat Group said it is focusing on completing and producing products from blast furnace No. 6, aiming to complete phase 2 of the Hoa Phat Dung Quat 2 Iron and Steel Complex project in September this year.

Upon completion, the total steel output of the group will reach 16 million tons/year, including 8.5 million tons of hot rolled coil steel, meeting 100% of the demand for this product in the Vietnamese market.

Source: https://hanoimoi.vn/hoa-phat-ban-5-trieu-tan-thep-trong-nua-dau-nam-708596.html


Comment (0)

No data
No data
Mysterious cave attracts Western tourists, likened to 'Phong Nha cave' in Thanh Hoa
Discover the poetic beauty of Vinh Hy Bay
How is the most expensive tea in Hanoi, priced at over 10 million VND/kg, processed?
Taste of the river region
Beautiful sunrise over the seas of Vietnam
The majestic cave arc in Tu Lan
Lotus tea - A fragrant gift from Hanoi people
More than 18,000 pagodas nationwide rang bells and drums to pray for national peace and prosperity this morning.
The Han River sky is 'absolutely cinematic'
Miss Vietnam 2024 named Ha Truc Linh, a girl from Phu Yen

Heritage

Figure

Business

No videos available

News

Political System

Local

Product