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Hoa Phat dominates steel output and sales in H1 of 2026

13 Jul 2026 16:46 reported by Joy Liu

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Hoa Phat Group produced nearly 7 million tons of crude steel during the first six months of 2026, recording a 36% growth rate. This half-year total included a strong second quarter, where crude steel output rose by 48% year on year and 9% quarter on quarter to exceed 3.6 million tons.

Total steel sales reached 6.5 million tons in the first half of the year, a year-on-year increase of 32%. For the second quarter alone, sales of construction steel, high-quality coils, hot-rolled coils, and steel billets reached 3.5 million tons, up by 35% from the previous year.

Driven by these figures, Hoa Phat retained its top market position in Vietnam and expanded its international footprint across five continents.

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