Hoa Phat Group has just signed a contract to export 10,000 tonnes of coiled steel to Europe.

This is the first order of long steel products to be exported to this region, opening up a new and potential market for the group’s steel products.

The group's long steel products have been exported to the Americas, Asia, Africa and Australia markets. With this European order, its long steel products are present in all five continents.

Exploiting new markets helps Hoa Phat diversify its consumption markets, and at the same time, contributes to foreign currency collection and Viet Nam’s trade balance.

In addition to long steel products, Hoa Phat has exported flat steel (HRC) and corrugated iron to Europe.

In addition to the first order to export to the European market, Hoa Phat has signed a number of export orders to traditional markets such as Canada, Cambodia, South Korea, and Thailand, which will be delivered in January and February next year. — VNS