Posted on 11 Nov 2016
Vietnamese steel producer Hoa Phat Group has signed contracts to export construction steel to the U.S and Canadian markets in the rest of this year, according to the news site Dan Tri.
Hoa Phat, a major steel maker in the country, last month produced 164,700 tons of steel products, up 18% year-on-year, and equivalent to a market share of 24.8% as the industry’s output last month reached some 660,000 tons.
Hoa Phat in the first ten months turned out 1.38 million tons of construction steel, meeting 82% of its annual target. The company in January- October exported over 27,000 tons of construction steel to some countries such as Australia, Laos, and Cambodia.
