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Hoa Phat Steel Pipe to export 1000 tonnes of galvanized pipes to India

Steel News - Published on Thu, 21 Feb 2019

Image Source: vietnam.vnanet.vn
VNS reported that Vietnamese Hoa Phat Steel Pipe Company Limited has announced the first order to export around 1,000 tonnes of galvanised steel pipe worth USD 600,000 to India. This would be the first time Hoa Phat steel pipe has been exported to the market. The export volume includes 400 tonnes from its Hung Yen plant with the remainder from its Binh Duong plant. The shipment would be delivered in March 2019.

Hoa Phat’s total steel pipe output in 2018 reached nearly 800,000 tonnes, posting a 15 per cent year-on-year increase. Of which, its exports rose by 40 per cent from the previous year to 18,300 tonnes. The company targeted an export turnover increase of 150 to 200% this year.

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Posted By : Ratan Singh on Thu, 21 Feb 2019
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