(HSV VIETNAM GROUP) – According to information from Hoa Phat, the group sets a record of exceeding 10 million tons of steel in 2025, an increase of 31% compared to 2024.
According to information from Hoa Phat, in the fourth quarter of 2025, the Group produced more than 3 million tons of crude steel, an increase of 10% compared to the third quarter and an increase of 36% compared to the same period in 2024. Sales volume of hot rolled coil steel (HRC), construction steel, high quality steel and steel billet reached 3 million tons, an increase of 24% compared to the previous quarter and an increase of 53% compared to the same period in 2024.
Cumulatively for the whole year 2025, Hoa Phat for the first time recorded sales output of 10.6 million tons, an increase of 31% compared to the previous year.
With 1.3 million tons, Hoa Phat's high-quality construction steel and rolled steel products achieved the highest results ever (quarterly), up 24% compared to the previous quarter and up 14% compared to the fourth quarter of 2024. In particular, in December alone, the output of this product line set a sales record in a month with 585,000 tons.
In the last quarter of 2025, hot rolled coil steel (HRC) reached 1.6 million tons, an increase of 30% compared to the previous quarter and 2.5 times higher than the same period in 2024. HRC sales results increased sharply mainly thanks to the addition of output of the HRC2 line - Hoa Phat Dung Quat Iron and Steel Production Complex from the end of September 2025. On the other hand, the demand of the domestic downstream manufacturing industry such as steel pipes, galvanized steel sheets, and other mechanical manufacturing increased in the last months of the year.
Specifically, Hoa Phat steel pipe sales output recorded 221,000 tons in the last quarter of the year, an increase of 8% over the same period last year. Galvanized steel products of all kinds reached 103,000 tons, a slight increase over the same period.
Cumulatively for the whole year 2025, Hoa Phat Group produces 11 million tons of crude steel, an increase of 26% compared to 2024. Sales of HRC, construction steel, high quality steel coils and steel billets for the first time in history reached 10.6 million tons in a year, an increase of 31% compared to the previous year.
Of which, the Group's construction steel and high quality steel recorded 4.8 million tons, an increase of 8% compared to last year. Hoa Phat holds Vietnam's No. 1 market share in construction steel with about 36%.
With HRC products, Hoa Phat has provided the market with 5 million tons, an increase of 73% compared to 2024. The Group's hot rolled steel accounts for 60% of the production and sales of this product in Vietnam, according to a report by the Vietnam Steel Association released in December 2025.
In addition, Hoa Phat recorded 423,000 tons of galvanized steel, equivalent to last year. Steel pipe products reached approximately 850,000 tons, firmly consolidating the No. 1 market share in Vietnam with 30.8%. Prestressed steel and wire drawing steel of all kinds increased by 29% in sales volume with 174,000 tons, of which exports contributed over 40%.
Hoa Phat Group is currently the largest steel manufacturer in Southeast Asia with a capacity of 16 million tons from the end of 2026. Of which, 60% is high-tech steel, serving the mechanical engineering industry, automobile manufacturing, shipbuilding, oil and gas, household appliances, steel structures, and energy. Currently, Hoa Phat is the only Vietnamese enterprise investing in the production of HRC hot rolled steel coils.
Currently, Hoa Phat is implementing the project of steel rail and special steel factory in Dung Quat. It is expected that the factory will produce steel rail products in 2027, serving key railway projects in Vietnam and exporting to international markets.
Ha Diem HSV