π Tender Overview
On the first working day after the Lunar New Year (February 23), Hoa Phat Group recorded a sales output of 25,000 tons of construction steel, high quality steel, and steel pipes. This is a very high number, signaling a good year of growth for the steel industry. Download All of Hoa Phats steel production complexes operate throughout Tet with 3 continuous red shifts to meet market demand. The Partys resolutions define the goal of developing the country in the new era, by 2030 becoming a country with a high middle income, with industry and modern urban transport infrastructure. From the above orientation, right from the first days of the new year, a series of large-scale public investment projects across the country are promoted such as North - South expressways, Long Thanh international airport, Gia Binh international airport, urban railway lines in Hanoi, Ho Chi Minh City, Olympic sports urban area, social housing projects, multi-purpose urban areas... Therefore, the demand for steel for the construction of infrastructure, transportation, and urban works is huge. With the characteristics of industrial production, all of Hoa Phats steel production complexes operate throughout Tet with 3 continuous red-hot shifts. to meet market demand. Many orders were deployed right in the first days of the new Spring. Download In 2026, Hoa Phat Dung Quat Iron and Steel Production Complex will operate fully with a capacity of 12 million tons of steel/year. According to Mr. Kieu Chi Cong, Director of Hoa Phat Hung Yen Steel, with increasing construction demand, 2026 will mark an outstandingly strong growth of the steel industry. Hoa Phat will promote maximum exploitation of factory capacity. In particular, by 2026, Hoa Phat Dung Quat Iron and Steel Production Complex will be fully operational with a capacity of 12 million tons of steel/year. Hoa Phat Group is currently the largest steel manufacturer in Southeast Asia with a capacity of 16 million tons from the end of 2026. Of which, 60% is high-tech steel, serving the mechanical engineering industry, high-speed railway, automobile manufacturing, shipbuilding, oil and gas, household appliances, Steel structures, energy. Currently, Hoa Phat is the only Vietnamese enterprise investing in the production of HRC hot-rolled steel coils.Phan TrangSee moreHoa Phat starts construction on a factory producing high-speed rails and special steel worth more than VND 10,000 billion See moreHoa Phat - The only manufacturing enterprise in the TOP 10 largest enterprises in VietnamSee moreThe EU does not impose anti-dumping tax on Hoa Phat hot-rolled steel coils