Sales volume however declined by an almost equal volume compared to last year but jumped since last quarter due to higher sales from Bhushan.
Hoa Phat Group, a leading steel maker in Vietnam, shipped 191,600 tonnes of steel products aboard in the first nine months of 2019, rising 32 percent year on year and accounting for nearly 10 percent of its total sales.
The conglomerate said during the period, it produced nearly 2 million tonnes of construction steel, up 16.1 percent from a year earlier.
Eurasian Resources Group (ERG) has been exploring opportunities with strategic Chinese partners to cooperate on several big-ticket projects in a move to further grow its network in the country, its chairman said. ERG is an international metals and mining company.
Alexander Machkevitch, chairman of ERG, said there is significant potential for collaboration with Chinese companies on several projects worldwide.