[SMM Steel] Hoa Phat commissions new pipe mill, expanding capacity to 1.2 million tonnes per year

Published: Apr 20, 2026 13:06

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[SMM Steel] Hoa Phat Group has commissioned a new steel pipe plant with an investment of VND 2 trillion (~$80 million) and capacity of 400,000 tonnes per year, lifting total pipe capacity to 1.2 million tonnes per year and maintaining ~35% domestic market share. The plant supplies construction-grade pipes (black pipes, galvanized, large-size pipes) for major projects such as Long Thanh Airport. Q1 pipe sales reached 241,000 mt (+30% YoY), with strong demand in southern Vietnam.

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