In early 2024, Hoa Phat Steel Pipe exported the first batch of goods to a retail chain with more than 1,200 stores across Japan, serving the direct needs of the people of the cherry blossom country.
Hoa Phat steel pipes exported to Japan are sold in the form of “DIY”, meaning the products reach the hands of the people. Japanese consumers will buy steel pipes for many different applications such as: making scaffolding for planting trees, shelves for storing wood, making garages, or household products, etc.
To penetrate this market, Hoa Phat Steel Pipe has met the quality standards of strength and corrosion resistance, high weather resistance, especially the cold climate of Japan. The product is applied to outdoor products in harsh weather conditions.
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| Hoa Phat steel pipes exported to Asian and American countries |
The leader of Hoa Phat Steel Pipe Company said that in the near future, the Japanese partner is expected to come to Vietnam to discuss orders for 2024 and plans to continue importing other product lines after this order.
Japan is a market that requires strict standards for product quality and aesthetics. Bringing products into the national retail chain system opens up opportunities for Hoa Phat Steel Pipe to penetrate deeper into the diverse and rich retail channels here. This proves that Hoa Phat Steel Pipe has conquered a new, demanding market like Japan.
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| Shipment of steel pipes exported to Japan |
In 2023, Hoa Phat Steel Pipe's sales volume recorded 685,000 tons. Of which, exports increased by nearly 40% compared to the previous year in the context of the steel market not really improving. Export orders contributed significantly to the Company's overall sales volume when the domestic market was facing difficulties.
In addition to finished steel pipe products, from 2024, galvanized coil products manufactured by Hoa Phat Steel Pipe Company will also penetrate the Asian, European, and American markets and receive good feedback on quality from partners.
With diverse types, meeting strict world standards, the Company's steel pipe products have been exported to markets in Australia, America and Asia.
Proud to be the manufacturer holding the number 1 market share in Vietnam, promoting exports helps Hoa Phat Steel Pipe diversify its consumption market, while contributing to foreign currency earnings and balancing Vietnam's trade balance.
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