Relentless development and growth of Hoa Sen Group export activities
Hoa Sen Group is not only the leading steel sheet, steel manufacturer and trader in Vietnam, which accounting for more than 30% of the market share of steel sheet and more than 20% market share of steel pipes in the country but also the leading exporter of steel and steel sheet in Southeast Asia. In order to achieve those success, Hoa Sen Group also continuously strengthens export activities at the same time maintaining domestic market.
Started in 2009 with the production around hundred tons per month. The main Hoa Sen’s markets were only Indonesia, Thailand and Cambodia. After 8 years of relentless efforts, the average export volume per month increased about 60,000 tons/ month. Hoa Sen Group has achieved great success in the strategy of expanding export market while the steel sheet situation in the world market has many difficulties at that time. Currently, the products of Hoa Sen Group have been exported to more than 70 countries and territories around the world. Export Turnover Ratio accounts for nearly 40% of total revenue in Hoa Sen Group. Beside the loyal customers, Hoa Sen Group also expands to potential markets such as Middle East, Southern Asia, Australia, America, Europe, Africa, etc.
Hoa Sen Group is planning to put into operation two new modern lines. This will increase the total capacity of Hoa Sen Group to 2 million tons per year and the export volume will be expected to increase from 70,000 to 80,000 tons per month, making Hoa Sen the largest galvanized steel producer in Southeast Asia and the number one steel exporter in Vietnam.