In 2023, Hoa Phat Group produced 6.7 million tons of crude steel, down 10 per cent compared to 2022. Sales of HRC steel products, construction steel, high quality steel and steel billets reached 6.72 million tons, representing 7 per cent year-on-year decrease. Of which, construction steel and high quality steel reached 3.78 million tons, down 11 per cent over year. Hot rolled steel coil (HRC) recorded nearly 2.8 million tons, an increase of 6 per cent compared to 2022. In addition to traditional steel product lines, Hoa Phat Group has invested in deep processing, promoting production of high quality steels to serve both domestic and export demands.
Source: Hoa Phat Group
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