Orbis Turkish Scrap Forecaster Orbis Turkish Scrap Forecaster

Orbis HRC CIS Export Forecaster Orbis HRC CIS Export Forecaster

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In the January-October period this year, the company produced 6.6 million mt of crude steel, down by two percent, while its steel sales totaled 6.2 million mt, decreasing by three percent, both year on year. In particular, Hoa Phat’s construction steel sales increased by 13 percent to 3.6 million mt, while its HRC sales totaled 2.3 million mt, increasing by nine percent, both year on year. In the first 10 months, the company sold 634,000 mt of pipes and 276,000 mt of galvanized steel, up by 11 percent and down by 13 percent, respectively, both year on year. 

The company stated that it will adjust production and sales flexibility according to the movements of domestic and foreign markets.