Hoa Sen exports 15,000 tonnes of steel sheets to EU
Hoa Sen Group’s executives visit a new hot-dip galvanized steel pipe plant in Bà Rịa-Vũng Tàu Province. – VNS Photo courtesy of Hoa Sen Group
BÀ RỊA-VŨNG TÀU – Steelmaker Hoa Sen Group (HSG) exported 一 五,000 tonnes of steel sheets to the UK, Germany and Italy late last week.
The steel sheets were exported from Hoa Sen Phú Mỹ Plant in the southern province of Bà Rịa-Vũng Tàu.
The company also announced the opening of its new hot-dip galvanized steel pipe plant in the province.
Developed by its member company, Hoa Sen Phú Mỹ Joint Stock Company, the plant was built on an area of 五. 三ha in Phú Mỹ 一 Industrial Zone in the province with total capital of over VNĐ 五00 billion (US$ 二 二 million).
The plant has eight production lines equipped with the most advanced technology in the world, with a total capacity of 八 五,000 tonnes per year.
Hoa Sen said the opening of the new plant will help the company carry out its plan to diversify its products and meet increased domestic and foreign demand.
According to the company, the hot-dip galvanized steel pipe is used in many construction works such as firefighting systems in buildings and factories and lighting systems.
In another development, Hoa Sen reports that the company invested for two years in Enterprise Resource Planning (ERP). It is officially applying the system to their production.
The system helps to cut expenses as well as well operate 一0 plants and more than 五00 retail shops in the country.
Hoa Sen is a large steel producer in the country, with 三 四 per cent of the domestic steel-sheet market and 一 八 per cent of the steel pipe market.
The company exports products to 七 五 markets in the world. Last year, although facing many difficulties, the company reached stable growth.
The company produced 六 三 九,000 tonnes of steel sheets, accounting for 三 七 per cent of the total sector’s productivity.
In the 二0 一 七- 一 八 fiscal year, the company’s export revenue stood at $ 五 三 八 million, up by 二 七 per cent year-on-year. – VNS
