AsemconnectVietnam - In Q4/2025, Hoa Phat Group (HPG - HOSE) will produce over 3 million tons of crude steel, a 10% increase compared to Q3 and a 36% increase compared to the same period in 2024.

Sales volume of hot-rolled coil (HRC), construction steel, high-quality steel, and steel billets in the last quarter of 2025 will reach 3 million tons, a 24% increase compared to the previous quarter and a 53% increase compared to the same period in 2024.
Of which, with 1.3 million tons, Hoa Phat's construction steel and high-quality coil products achieved their highest results ever (on a quarterly basis), a 24% increase compared to the previous quarter and a 14% increase compared to Q4/2024. In December alone, this product line achieved a record monthly sales volume of 585,000 tons.
Hot-rolled coil (HRC) steel production reached 1.6 million tons, a 30% increase compared to the previous quarter and 2.5 times higher than the same period in 2024. The strong increase in HRC sales was mainly due to the addition of production capacity from the HRC2 line at the Hoa Phat Dung Quat Iron and Steel Complex from the end of September 2025.
On the other hand, demand from downstream domestic industries 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 recorded 221,000 tons in the last quarter of the year, an 8% increase compared to the same period last year. Galvanized steel sheet sales reached 103,000 tons, a slight increase compared to the same period.
For the full year 2025, Hoa Phat Group is projected to produce 11 million tons of crude steel, a 26% increase compared to 2024. Sales of HRC, construction steel, high-quality steel coils, and steel billets will reach 10.6 million tons in a single year for the first time in history, a 31% increase compared to the previous year.
Of this, the Group's construction steel and high-quality steel sales reached 4.8 million tons, an 8% increase compared to the previous year. Hoa Phat maintains its number one market share in Vietnam for construction steel with approximately 36%.
Regarding HRC products, Hoa Phat supplied 5 million tons to the market, a 73% increase compared to 2024. The Group's hot-rolled steel coils account 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 sheets, equivalent to last year. Steel pipe production reached approximately 850,000 tons, firmly consolidating its number one market share in Vietnam at 30.8%. Prestressed steel and various types of wire rod steel increased sales volume by 29% to 174,000 tons, with exports contributing over 40%.
Hoa Phat Group is currently the largest steel producer in Southeast Asia with a capacity of 16 million tons from the end of 2026. Of this, 60% is high-tech steel, serving the mechanical engineering, automotive, shipbuilding, oil and gas, household appliance, steel structure, and energy industries. Currently, Hoa Phat is the only Vietnamese enterprise that has invested in the production of hot-rolled coil (HRC) steel.
Hoa Phat is aggressively implementing the project to build a rail and special steel production plant in Dung Quat. The factory is expected to produce steel rails in 2027, serving key railway projects in Vietnam and exporting to international markets.
N.Nga
Source: VITIC/Tinnhanhchungkhoan