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11 Aug
07:14

Hoa Phat's pipe sales increase in July

Vietnam's leading steelmaker, Hoa Phat Group, saw steel pipe sales increase in July but decrease over January-July due to the Covid-19 pandemic, Kallanish notes. In July, Hoa Phat sold 75,200 tonnes of pipe, up 6.5% year-on-year. The growth rate of sales in northern Vietnam was the highest at 18%, followed by southern Vietnam's 9.3%. At the same time, Hoa Phat's local pipe market share reached 32%, meaning it retained its leading positio…
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