Hoa Phat to export long steel products to Europe
Hoa Phat to export long steel products to Europe. (Photo: Hoa Phat Group)
Hoa Phat Group has signed a contract to export 10,000 tonnes of steel wire in coil form to Europe.This is the first order of long steel products from Europe, opening up a potential market for Hoa Phat steel products.
According to a representative of Hoa Phat Hung Yen, the batch of steel wire was produced in accordance with American Society for Testing and Materials (ASTM) standards. It is scheduled to be delivered in February 2023.
With this order, Hoa Phat's long steel products have been sold in five continents. Exploiting new markets helps the group expand its export markets, contributing to earning foreign currency and ensuring Vietnam's trade balance.
With modern and closed production lines, Hoa Phat provides perse and high-quality steel products meeting strict standards of its foreign partners. Hoa Phat has been exporting hot rolled steel coil (HRC) and iron sheet to Europe.
In the first 11 months of 2022, Hoa Phat exported 1.1 million tonnes of construction steel products to many countries and territories such as Japan, the Republic of Korea (RoK), Malaysia, Singapore, Hong Kong (China), the US, Canada and Australia.
In addition to orders to the European market, the firm has also won a number of contracts from traditional markets such as Canada, Cambodia, the RoK, and Thailand in January and February, with delivery scheduled for January and February next year./.
Related News
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Exploiting potential markets to increase coffee export space
11:40 | 01/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
Import and export turnover in major markets plunges
13:45 | 31/03/2023 Import-Export
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export