Posted on 07 Mar 2024
Vietnamese steel producer Hoa Phat Group has announced that it has received orders for steel pipes from the US, Australia, Canada, and Japan, and it has completed its first shipment to a major Japanese retailer.
Hoa Phat's steel pipes will meet Japan's customers' demand through the Do-It-Yourself (DIY) model. Customers can purchase the pipes for various uses, such as trellises or wooden shelves. Therefore, the products must meet quality standards such as load-bearing capacity, corrosion resistance, and weather resistance for various uses.
In 2023, Hoa Phat sold 685,000 tons of steel pipes. Even though the global steel market faced challenges, its export sales were still higher by 40% compared to the previous year.
Source:Yieh