Hòa Phát Group has announced that its subsidiary Hòa Phát Refrigeration Company exported the first batch of Double Inverter two-door top-freezer refrigerators.
During the quarter, its sales of construction steel, steel billet and hot rolled coil (HRC) reached 1.85 million tonnes, an increase of 34 per cent quarter on quarter.
A representative from Coin Container Inspiration praised Hòa Phát for its good prices and reputation, saying it would be a good option for his company in the time ahead.
The leading steel manufacturer Hòa Phát Group sold nearly 558,000 tonnes of steel in August, of which the volume of construction steel hit 306,000 tonnes, up 18 per cent month-on-month and the highest since the beginning of this year.
Vietnamese steel giant Hòa Phát Group and Indonesia''s state-owned steel enterprises Krakatau Steel Corporation are exploring opportunities for collaboration between the two companies.
Hoa Phat Phu Tho Poultry One Member Limited Liability Company will supply about 500,000 - 550,000 clean chicken eggs that have been processed into the WinMart supermarket chain through distribution agents on average each month.
The group supplied the market with 7.2 million tonnes of steel last year. In which, export output contributed nearly 1.2 million tonnes, up 15 per cent compared to 2021.
Steel producers have begun to feel the pinch as weakening demand and mouting input costs have dealt a heavy blow to their steel sales. Insiders are calling for favourable policies to lift them out of hardship.
The huge potential market is mainly driven by large investments and favourable tax policies, but the business picture in the third quarter of 2022 of these enterprises is facing many challenges with large losses.