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Vietnam's steel industry is increasingly developing, leading to the appearance of new steel factories. One of the steel factories that has made positive contributions to the development of Vietnam's steel industry is Ngoc Minh Steel.Although just established, Ngoc Minh Steel's contributions to Vietnam's steel industry are extremely necessary. The article below about MRS Steel will help you learn more about this steel manufacturer.Hot-dipped galvanized steel wire and black galvanized steel wireOverview of Ngoc Minh SteelNgoc Minh Steel is one of the units specializing in providing large steel wire products in the Vietnamese market. After 15 years of construction and development, Ngoc Minh Steel brand has now reached high-rise construction projects, hospitals, schools,... all over the country. With relentless efforts to meet domestic and export needs, Ngoc Minh's products are now available in Cambodia, Laos, Thailand, Taiwan,...Ngoc Minh Steel's products are manufactured using modern technologies and production lines with top-quality input materials. Currently, Ngoc Minh Steel's products are manufactured based on quality standards, including TCVN 2053 - 93, BS 443 - 1982, ASTM A 641, EN 10244 - 2:2001 and JIS G 3547.With the motto "Prestige creates sustainable value"  Ngoc Minh Steel is committed to providing customers with the best products, the most attentive care policy and the most competitive prices.Official logo of Ngoc Minh SteelThe main productsWith the orientation of becoming one of the leading steel wire manufacturers in Vietnam. Therefore, Ngoc Minh Steel's main production product is steel wire. Among them, the two main products are hot-dipped galvanized steel wire and black steel wire.Hot dipped galvanized steel wireHot-dip galvanized steel wire is one of the key production products of Ngoc Minh Steel. Hot-dip galvanized steel wire is a product made from low-carbon steel wire that goes through the process of wire drawing, rust removal, galvanization and the finished product.Hot-dip galvanized steel wire is more resistant to corrosion and rust than other types of zinc wire. The surface of the galvanized steel wire is smooth, shiny, and clean. The steel wire is also sturdy and durable, and it has a lifespan of up to 30 years if used in normal environments.Hot-dip galvanized steel wire is often widely used in the construction industry, during the construction of agricultural, forestry, and fishery projects, and used as handicrafts. It is an essential construction material in connecting structures in infrastructure, reinforcing houses, apartments, swimming pools,...Nominal diameter(mm)TensileStrength(Mpa) Zinc thickness(g/m2)Zinc thicknessg/m2)Tolerance(mm)Zinc mass(g/m2) Tolerance(mm)Zinc mass(g/m2) 1.6 - 2.0  450 - 550  ± 0.0540 - 70  ± 0.05150 - 3662.0 - 2.445 - 70150 - 3662.5 - 3.045 - 80150 - 3503.0 - 4.045 - 90150 - 350We can produce high quality products as customer’s requirementHot dipped galvanized steel wire gauge tableBlack steel wireAlong with hot-dip galvanized steel wire, black steel wire is one of the two main types of products that Ngoc Minh Steel produces. Black steel wire is a fibrous product with a circular cross section. The product has a diameter ranging from 1 mm to 5 mm  after being drawn from carbon steel wire with a larger diameter. Therefore, black steel wire is also known as construction steel coils (Φ6, Φ8, Φ10). Black steel wire is produced using a specialized spinning machine, undergoing a continuous drawing process to produce good-quality products that meet all project requirements.Black wire steel has soft, flexible, and malleable properties, so it is often widely used in today's world. Currently, black steel wire is used to tie shapes in construction projects. In addition, they are also used to produce various types of steel mesh, such as welded wire mesh, B40 steel mesh,...Steel wire diameter after drawing From 1.0 mm to 5.0 mmTensile strength 300N/m2 - 450N/m2Elongations 8 - 15%Common technical data table for black steel wireMRS Steel - Vietnam's No. 1 steel wire export partnerAs we know, the role of steel wire is very important in all construction projects, from great architectural works to simple houses.Currently, MRS Steel is Ngoc Minh Steel's steel export partner. We meet all customers' needs for quantity and product size at the most competitive prices. As a supplier with a long-term operation and development process based on reputation, you can rest assured about the quality of our company's products.We have provided you with information about Ngoc Minh Steel. If you need to import steel wire products from Ngoc Minh Steel, please contact us here.

The Vietnamese steel pipe production and distribution industry has many outstanding brands, contributing to affirming the position of the domestic steel industry on the world steel rankings. Among them, SeAH Steel Vina Corporation is the first Vietnamese company to export steel pipes to the United States and Japan.Overview of SeAH Steel Vina CorporationSeAH Steel Vina Corporation was established in 1998 with 100% investment from SeAH Steel Corporation (Korea), specializing in steel pipe production. After nearly 30 years of establishment and development, the company has always been steadfast with the goal of bringing the best experiences to customers through high quality products and advanced technology. Although entering the steel market quite late and facing competition from big brands such as Hoa Phat, Hoa Sen, Pomina,... but thanks to its unremitting efforts, SeAH Vietnam has become a One of the leading steel pipe manufacturers in Vietnam. SeAH Vina is also the first enterprise in Vietnam to export steel pipes to the Japanese and United States markets, paving the way for the domestic steel pipe industry to join the globalization process. In the coming time, SeAH will continue to research and develop the quality of its products to become a more comprehensive and stronger steel pipe manufacturer.Scale and production technology of SeAH Steel VinaSeAH Steel Vina Corporation has a total production capacity of 330,000 tons/year, providing the market with about 200,000 tons of steel/year with a variety of designs and types such as black steel pipes, galvanized steel pipes, black welded steel pipes, hot-dip galvanized steel, hollow section steel, civil steel pipes, pressure steel pipes, electrical wire sleeves, structural pipes, API pipes and national oil and gas pipes,... In 2019, SeAH expanded a new factory with a total area of 120,000 m2, initial investment capital of 15 million USD and capacity of 325,000 tons.SeAH has 50 years of experience in the steel pipe manufacturing industry with modern techniques and an advanced quality management system, so products have outstanding quality on the market. SeAH is one of the very few Vietnamese mills that can produce steel pipes according to American Petroleum Institute standards API 5L, API 5CT and fire protection pipes according to UL and FM standards of the US. Since 2007, SeAH has been a strategic partner of Posco in researching and developing materials to produce API pipes.In 2009, SeAH Vina put into operation an 8 '' steel production line according to API standards. The factory enhanced technical and technological solutions to help products achieve Japanese industrial standardization certification JIS G 3444, JIS G 3452, JIS G 3454, JIS G 3466. Currently, SeAH Vina has been exported to many demanding markets such as the US, Japan, Australia, Hong Kong, Singapore, Taiwan,... and continues to expand markets around the world.MRS Steel - Strategic partner of SeAH Steel Vina CorporationAccording to WorldSteel, Vietnam ranked 12th as the country with the largest crude steel output in the world with 19 million tons. In recent years, Vietnamese steel products have been exported to more than 30 countries in the region and the world, joining the group of steel exporting countries with a turnover of more than 10 billion USD. Vietnam is currently an ideal steel import market with importers looking for high quality steel at good prices.MRS Steel is a Vietnamese import support unit with a wide network of connections with a series of the largest steel manufacturers, including SeAH Steel Vina Corporation. More importantly, MRS Steel is a long-term partner of SeAH Vina, quickly updating news on prices and products, helping importers save time and effort in contacting SeAH.Above is all information about the leading steel pipe manufacturer in Vietnam - SeAH Steel Vina Corporation. For all consulting and importing needs of high quality Vietnamese steel pipes, please contact MRS Steel for the most thoughtful support.

The TVP Steel Corporation is recognized as one of the leading steel manufacturers in Vietnam, specializing particularly in top-quality steel products such as galvanized/galvalume steel, cold rolled coil, pre-painted galvanized steel, steel plates, and steel pipes. Throughout over 20 years of operation, TVP steel manufacturer has consistently affirmed its leading position in both technological prowess and continuous expansion within the Vietnamese steel market.Overview the establishment and development of TVP steel manufacturerTVP steel company was established in 1996 with a total area of ​​100,000 square meters, from its inception, the company set out to become the largest producer of color-coated, galvanized steel and steel pipes in the domestic market. In 2003, the company further expanded by establishing a steel pipe manufacturing plant in Long An province, and since then, it has continuously developed and put into operation a series of factories to assert its position in its manufacturing capacity. In 2010, after more than 16 years of operation, the company was honored to receive the ISO 9001:2008 certificate from BUREAU VERITAS (United Kingdom). In 2013, the company again received the ISO 9001:2008 quality production certificate from TUV 2SUD. As of the early establishment period until 2019, the company had put into operation production lines including galvanizing and color coating lines, small and large cold rolling lines, cold rolling lines and rust removal lines.List of key products at TVP steel manufacturerFrom the outset, TVP has positioned itself as a leading manufacturer of quality color-coated steel in Vietnam. Therefore, the primary area of activity throughout the company's development has been closely associated with steel plate, galvanized steel, color-coated steel and steel pipes. Galvanized steelCurrently, galvanized steel products manufactured at TVP's factories comply with international standards including Japanese standard JIS G3302, ASTM A653, and BS EN 10346. With diverse and flexible production capabilities, the products typically have a width ranging from 600 to 1250 mm and a thickness ranging from a minimum of 0.12mm to a maximum of 2.0mm, depending on customer requirements. Additionally, the factory has the ability to produce galvanized steel ranging from thin coating weights of Z80 (80g/m2) to heavy coating weights of Z300 (300g/m2).Galvanized steel has always been a core product line at TVP factories. In order to produce high-quality galvanized steel products to assert the brand, the company uses high-purity zinc ingots reaching up to 99%, combined with electrolytic cleaning technology and anti-oxidation coating systems. This helps the zinc layers adhere firmly to the steel substrate, enhancing corrosion resistance.Galvalume steel (Aluminum zinc coated steel)TVP's galvalume steel, with a composition of 55% Al, 43.5% Zn and 1.5% Si, is a type of steel with a lifespan four times longer than galvanized steel produced according to Japanese standard JIS G3321, American standard ASTM A792M, and BS EN 10346. Thanks to advanced production techniques and modern technology, TVP's factories have enhanced the capability to produce galvalume steel with thicknesses ranging from 0.12mm to 1.2mm. Particularly, advanced coating techniques allow the production of cold rolled steel with coating weights ranging from AZ70 to AZ200, meeting all customer needs in construction and industrial projects.Pre-painted galvanized/galvalume steelPre-painted galvanized/galvalume steel at TVP offers a variety of product options, with each coil weighing up to 10 tons, providing convenience in transportation and usage. With a width ranging from 600 to 1250 mm and a thickness from 0.13mm to 1.2mm, the factory can meet all technical specifications according to customer preferences.Moreover, TVP employs a polyester paint system as a primer, enhancing maximum adhesion to the steel substrate. This type of paint is resistant to UV radiation and can withstand weather conditions for up to 20 years under normal circumstances. Each coil of color-coated steel branded with the TVP logo not only enhances the aesthetic appeal of the project but also ensures durability and long-lasting color retention over time.Construction steel pipesIn addition to pre-painted galvanized/galvalume steel products, TVP factory takes pride in supplying high-quality steel pipes for construction projects. The steel pipes produced meet international standards including Japanese standard JIS G3466 and American standard ASTM A500. The average tensile strength of TVP-branded steel pipes is evaluated to be robust and safe for construction, reaching tensile strength levels from 340 Mpa to 490 Mpa.TVP production capabilities and technology linesWith relentless efforts to meet the stringent market demands and fulfill customer requirements both domestically and internationally, TVP has consistently been at the forefront of investing in state-of-the-art production lines provided by leading steel conglomerates such as the Tenova Group and Danieli (Italy). Presently, all factories at TVP are equipped with comprehensive rust removal lines, cold rolling lines, galvanizing lines, galvalume lines, color-coating lines, and steel pipe production lines.Among these, the rust removal line, boasting a capacity of 600,000 tons per year, was first operationalized in 2016. This line efficiently removes rust layers adhering to the surface of steel coils with a thickness of 1.0 mm and above. The cold rolling line, designed with a capacity of 400,000 tons per year using advanced technology from Hitachi and the Tenova I2S Group (USA), enables processing of steel coils with a minimum thickness of 0.12 mm, thus best meeting customer requirements.The cold galvanizing line at TVP, supplied by Tenova Group with the most advanced technology available today, commenced operations in 2015 with a capacity of 180,000 tons per year. TVP's factory is also equipped with a galvanizing line featuring full PLC control systems, inverter systems, and precise temperature adjustment systems. The galvanizing line was first operationalized in 2008, being the first line with the highest designed capacity at the factory, reaching 300,000 tons per year.Both the color-coating line and the steel pipe production line at TVP boast impressive capacities of 150,000 tons per year and 200,000 tons per year, respectively. Both lines have been operational since early 2008, with the steel pipe production line notable for producing products with uniform and aesthetically pleasing welds, alongside bright and clean surfaces, enhancing the durability and aesthetics of the structures they serve.TVP steel manufacturer affirms strong domestic market share and export capacityTVP Company owns three main distribution systems evenly distributed in the North - Central - South regions of Vietnam, including Ho Chi Minh City, Da Nang, and Hanoi. Focusing on these three crucial locations not only facilitates easy access to customers but also enhances flexibility and efficiency in meeting domestic demand. According to a report from the steel association in 2020, TVP Company proudly ranked fourth in the domestic market share of galvanized steel consumption, with a value of 9.6%. Additionally, the company's steel pipe products also rank in the top four in terms of production and supply in the domestic market.Over the past 25 years of operation and development, TVP Steel has built a wide-reaching export network to many countries worldwide. Key products such as galvanized steel, color-coated steel, cold-rolled steel, and steel pipes under the TVP brand have expanded not only to the Southeast Asian market but also to major and demanding markets such as Europe, America, and Australia.The credibility and relentless efforts over the years have somewhat helped TVP affirm its position in the Vietnamese steel industry. Thanks to investments in modern production lines imported 100% from Japan, the United States, and Italy, the factory can effectively meet diverse requirements regarding product specifications and ensure high-quality output.Looking for a reliable TVP products supplier for importersMRS Steel and TVP’s company have long maintained a close business relationship, strengthened over the years with the shared mission of delivering quality steel products to customers. While TVP's mission is to produce high-standard steel grades to conquer challenging markets, MRS Steel's mission is to provide comprehensive steel solutions for importers to streamline ordering processes, simplify product searches, and optimize payment and shipping procedures.Here, we have a team of sales professionals with extensive experience in the steel market who can easily address importers' inquiries about suitable steel types for their projects and provide reasonable price lists. If you are interested in learning more about Vietnamese steel products and would like advice on size charts along with price lists for each product, please contact us via WhatsApp at +84 76 911 2358 or email vanloc@mrssteel.com.vn!  

The Tay Nam steel mill is regarded as one of the leading steel suppliers in the southern region of Vietnam due to its pioneering innovations in the production process, resulting in high-quality steel products. Let's explore the entire scale and production capacity of the plant with MRS Steel in the following article!History of establishment & main products of the Tay Nam steel millThe Tay Nam steel mill, officially known as the Tay Nam Steel Production and Trading Company Limited, was established in 2016, with its main headquarters situated in the Thien Loc Thanh Industrial Zone of Long An province. Spanning across 10 hectares and strategically located near the International Port, the plant enjoys an advantageous position for both domestic and international steel product imports and exports.Due to the goal of supplying and promoting high-quality Vietnamese steel brands to both domestic and international markets, Tay Nam Steel Company has continuously researched and focused on producing key products, including galvanized/galvalume steel, cold rolled steel, steel pipes and other construction steel. Galvanized/galvalume steel (GI/GL) & pre-painted galvanized/galvalume steel (PPGI/PPGL)The plant provides a range of cold-rolled sheets, galvanized sheets, and colored galvanized sheets catering to various sectors such as civil and industrial construction, automobile manufacturing, furniture,... The galvanized sheet products meet international standards like JIS G3302, ASTM A653, AS1397, EN 10346.Moreover, the galvanized sheet product line has been a focal point for substantial investment, ensuring diverse specifications and attractive designs to meet partner requirements. Notably, the competitive edge lies in the optimal thinness of the galvanized coating, ranging from 0.2mm to a maximum of 3.5mm.Cold rolled steel & galvanized rolled steel coilsCurrently, Tay Nam steel mill is offering two primary rolled steel products, including cold-rolled steel coils and galvanized rolled steel coils. The cold-rolled steel product line is manufactured according to JIS G3141 standards, with widths ranging from 300mm to 1250mm and thicknesses that can be processed from 0.3mm to 2.00mm. Similarly, the galvanized rolled steel at the plant meets the full specifications of JIS G 3302, ASTM A653, and AS 1397, with widths fluctuating between 300mm to 1250mm and corresponding thicknesses from 0.16mm to 3.20mm. The raw material coils undergo surface treatment and flexible thickness processing, ensuring the finished rolled steel meets technical standards. The diversity of rolled steel products plays a crucial role in various industries like automobile manufacturing, construction, mechanics and even electronics.Construction steelApart from galvanized sheets and cold rolled steel coils, the Tay Nam steel mill emphasizes various structural steel types to meet both domestic and international steel demands. Current offerings include rectangular hollow sections, square hollow sections, round pipes, oval pipes, C-sections, Z-sections, U-sections, V-sections, and I-beams. The steel tube products are directly manufactured from galvanized rolled steel, boasting a polished surface and meeting international standards with thickness ranging from 0.55mm to 9.5mm, providing diverse choices for partners.Expansion assembly line to enhance production capacityOver the years, the company has invested significantly in manufacturing processes to deliver high-quality steel products. With a total area of 10 hectares, the plant owns two zinc-plating lines and one color-coating line with a combined design capacity of 500,000 tons per year, employing technology from renowned supplier Tenova - Italy.The zinc-plating line, equipped with NOF furnaces for surface cleaning of sheets, along with devices to measure coating thickness, currently produces up to 300,000 tons of galvanized steel annually. Additionally, the plant has installed a color-coating line with a design capacity of 150,000 tons per year, using specialized coatings such as SMP, high silicon, PVDF, ensuring aesthetically pleasing colored galvanized products and resilience against external environment.Capturing export markets through product qualityThe plant not only focuses on meeting domestic market demands but also expands its export scale. To foster growth in export business, the company has implemented various pricing policies corresponding to every market consumption, they’re also continuously researching production and supplying more diverse product lines in the future to meet international market demands.In recent years, Tay Nam steel mill has established and developed a stable export network to ASEAN countries like Laos, Cambodia, Indonesia, the United States, Europe, and the Australian market. In 2023 alone, the export proportion accounted for 75% of the factory's sales volume, averaging around 22,000 tons per month. With the aim to contribute to boosting Vietnam's steel industry exports, the factory plans to further strengthen and increase the value of export volumes by supplying premium steel products in the future.Choosing reputable steel suppliers from Tay Nam steel millThe Vietnamese rolled steel coils and galvanized steel market has long been intensely competitive among numerous domestic enterprises, posing challenges for importers in sourcing quality products with clear origins from factories. MRS Steel, with a mission to specialize in providing steel solutions for importers with a team of experienced professionals, helps importers access authentic steel products transparently in terms of price consultation, avoiding time and effort in searching and verifying sources.If you require advice on Vietnamese steel products, please contact us via WhatsApp at +84 76 911 2358 or email us at vanloc@mrssteel.com.vn for timely consultation on pricing policies and technical specifications as per your requirements.

According to the World Steel Association, Vietnam ranked 13th globally with a crude steel output of 23 million tons in 2021. A significant contributor to this achievement was the SMC Trading Investment Joint Stock Company with a consumption of 1.29 million tons per year. Below, MRS Steel will provide a detailed introduction to SMC, enabling importers to better understand the diversity and quality of Vietnamese steel.1. General Information about SMCSMC originally started as Building Material Store No. 15, established in 1988. It quickly grew, became public and transformed into the Trading Investment Joint Stock Company. SMC is a strategic steel manufacturer and distributor in Vietnam with a market share of about 6% nationally and approximately 15% in the Southern Vietnam region.In 2021, SMC aggressively invested and initiated several long-term projects for the 2021-2025 period, such as:Completing and operating two production lines at the Sendo factory, increasing the overall steel pipe production capacity to 250,000 tons/year, meeting strict standards from global import markets.Finalizing and operating 1 rust-removal line and 1 acid waste treatment line to optimize production costs and improve manufacturing efficiency.Undertaking the SMC Phu My project with a total area of 9.7 hectares and an investment of up to 1,000 billion VND. This promises to become Vietnam's largest steel production center with a design capacity of 300,000 tons of steel and 10 million products annually.SMC exported 159,889 tons in 2021, accounting for 12.4% of the total steel consumption of the entire group. Their primary export markets include Southeast Asia, Europe, the USA, with products such as HRC, CRC, galvanized steel, secondary steel.2. List of Activities of SMCSMC's main business activities encompass manufacturing, processing, distribution, and import-export of various steel products, construction materials, interior decoration, construction equipment, mechanics, and steel structures. Currently, SMC Trading Investment Joint Stock Company focuses on product quantity and quality enhancement from subsidiaries such as:SMC Steel CO., LTD: CRC, HRC, GI/GL, PPGI/PPGL, stainless steel sheets, section steels,...SMC Steel Mechanical One Member CO., LTD: HRC, secondary products, galvanized steel sheets.SMC Tan Tao One Member CO., LTD: HRC, hot-rolled sheets, secondary HRC, high tensile steels,...Sendo Steel Pipe Joint Venture CO., LTD: black steel pipe and galvanized steel pipes of all kinds.3. Scale and Production Technology of SMCSMC's coil center system has a processing capacity of up to 500,000 tons/year, equipped with infrastructure, machinery and production lines imported from Korea, Taiwan, China following European technology. Scientific management methods comply with ISO 9001:2000 standards, specializing in precision steel sheet cutting services. The colored zinc-plating steel sheet mills at SMC Steel Mechanical, with a production chain from HRC bleaching, cold rolling to zinc galvanizing, have a design capacity of 350,000 tons/year.All SMC's processing and manufacturing plants are located in designated heavy industrial areas, ensuring no impact on human life and nature.Regarding energy consumption, SMC has imported advanced, high-capacity production lines based on European technology and regularly maintains them to ensure efficient operations. The entire group operates on automatic control technology with a transmission engine functioning on inverter technology, not only optimizing energy consumption but also ensuring efficient production and the best quality products for customers.4. MRS Steel - Sourcing and Importing Various Kinds of SMC SteelWith impressive achievements like being in the top 13 countries with the largest crude steel production in 2021 and joining the group of countries exporting steel with a turnover over 10 billion USD, Vietnam is enhancing its position on the global steel map. This also opens opportunities for steel importers to access affordable, quality sources.However, to approach a completely new market with complex policies and regulations, importers should choose an intermediary to optimize time, costs and human resources. MRS Steel specializes in sourcing and steel export services to numerous countries globally. MRS Steel's partners come from major markets such as the US, UK, Japan, Italy,... ensuring reliable procedures and quality.SMC is one of Vietnam's largest steel brands and a long-term partner of MRS Steel, offering attractive sales policies and benefits. If you are interested in importing various types of steel from SMC or understanding the Vietnamese steel market, please contact MRS Steel via Whatsapp at +84 76 911 2358 for detailed consultation.

In recent times, the Pomina Steel Corporation project has garnered the attention of many people with an impressive net loss figure of 648 billion dong. This is one of the significant investment projects in the steel manufacturing industry in Vietnam, and it has experienced some important fluctuations.Pomina Steel Corporation continues to incur losses in the third quarter of 2023Previously, Pomina was the largest steel producer in Vietnam, holding a 17% market share, while Hoa Phat accounted for only 12%. However, with its strategic vision, along with low sales revenue in the challenging economic environment and high cost of goods sold, Pomina Steel Corporation lost market share to domestic competitors like Hoa Phat, Hoa Sen and others.In 2023, Pomina Steel Corporation set a revenue target of 9,000 billion dong and a post-tax profit of a loss of 150 billion dong. However, the company continued to incur losses in the first three quarters of the year, surpassing the set target.Recently, Pomina Steel Corporation has released its financial report for the third quarter of 2023, which showed a consolidated net revenue decrease of over 83% compared to the same period last year, down to 503 billion dong due to reduced sales volume and lower selling prices. The company continued to operate with a cost higher than revenue, resulting in a gross loss of 5.2 billion dong compared to a gross loss of 578 billion dong in the same period. As a result, in the first nine months of 2023, Pomina Steel Corporation recorded a total revenue of 2,948 billion dong, a 74% decrease compared to the same period last year, and a post-tax loss of 647 billion dong, while it incurred a loss of 707.5 billion dong in the same period of the previous year. Consequently, just within the first nine months of 2023, the losses reported by Pomina Steel Corporation significantly exceeded the initial plan.Not only is Pomina Steel Corporation running at a loss, but its financial situation is also alarming. The company has reported negative operating cash flow of 253 billion dong compared to the same period last year. Additionally, the company has made investments of 5.19 billion dong and reported a financial cash flow of 56 billion dong. The company has also used short-term capital amounting to 4,199 billion dong to finance its long-term assets. The reasons leading to Pomina's loss of 648 billion dongThe net loss of 648 billion dong has been surprising and contentious. There are several reasons that have led to this situation:Fierce competitionThe steel product market has had to deal with fierce competition, particularly from imported steel products, especially those from countries like China. This competition has exerted pressure on both prices and profits for Pomina Steel Corporation.Increased raw material pricesThe prices of steel production raw materials, such as iron ore and coke, have risen significantly, affecting the cost of steel products.Real estateThe stagnant real estate market, along with a sharp drop in steel consumption and revenue during the period, has led to a significant decrease in Pomina Steel Corporation revenue. This, coupled with high fixed costs and interest expenses, has resulted in substantial losses in the past quarter.Additionally, the shutdown of the Pomina 3 steel plant has incurred various costs, including interest expenses. It is expected that this steel refining plant will resume operations in the early fourth quarter of 2023, immediately after a private equity issuance to investors.With Pomina Steel Corporation net loss of 648 billion dong, it presents a significant challenge, but it also provides an opportunity for the corporation to refine and grow. Currently, Pomina remains one of Vietnam's leading construction steel manufacturers. If you are interested in purchasing Pomina's construction steel products, please feel free to contact us HERE.

SY STEEL VINA is a color-coated steel manufacturing company under SY Group Korea - the brand with the world's leading panel production market share. Vietnam is one of SY Group's three large mills in Asia, specializing in distributing high-quality pre-coated metal and laminated steel (Vinyl coated metal) to domestic and international markets. Currently, SY Steel Vina is a supply partner for large corporations in the world such as SamSung, LG, Nutricare, GFood,...1. Overview of SY STEEL VINASY Steel Vina is a famous brand in the production and distribution of high-quality pre-coated steel and Vinyl coated metal to domestic and international customers. The company specializes in providing color-coated corrugated sheets from many types of base metals such as steel, aluminum, stainless steel (SUS),... Currently, SY is operating 3 production technologies including PCM (Pre-Coated Metal), VCM (Vinyl Coated Metal), SSL (Shearing and Slitter Line) with a total capacity of more than 190,000 tons/year. Thanks to quality raw materials, along with modern production technology, SY's finished products are diverse in color, style, design and quality to meet the most stringent requirements of customers.SY's main products include sandwich panels, Urethane Insulator, ACP, auxiliary materials, windows, doors, colored steel panels, CCL, Solar modules, ESS, invertors, floor panels, H-beams, Polyol systems, fire retardants, decorative panels, necotile, UBR and modular houses (SIP),... serving fields such as architecture, construction, and household appliances.Paint resinCharacteristicRMP (Regular Modified Polyester)Medium performance, conventional coating.HDP (High Durability Polyester)Good performance, good weather resistance, good hydrolysis resistance, excellent chemical resistance and durability.SMP (Silicone Modified Polyester)Good performance, wear out resistance, scratch resistance, withstand the processing of stamping.MattGood performance, attractive effect, good color retention.Print (RMP)Attractive pattern design: Shingles, hairline, wood , 3D, Corten, etc.PVDF (Poly Vinylidene Fluoride)Best performance in anti-heat resistance, weather resistance, chemical resistance, color retention.PVDF (Poly Vinylidene Fluoride)Anti bacteria and fungal. Mostly use in operation room, clean roomSY Antistatic (HPP)Anti static compound helps increase resistivity 106～108 Ω/cm2. Mostly used in high-tech works or places that are easy to catch fire and explosion.SY Cool Roofing (SQ-40CR)Reflect UV, excellent anti-heat performance, reduces 8-25% interior temperature. Lifespan 40 years.2. Advanced production technology system2.1. Pre-Coated Metal (PCM) TechnologyTo increase aesthetics, durability, scratch resistance and many other outstanding features for metal panels, SY Steel Vina coats the surface with a layer of PCM before cutting and shaping. The processing speed of PCM technology is extremely fast and high productivity. Users can request gloss and smooth texture to give the product a more luxurious and high-end appearance.PCM coatings are often applied to washing machines, air conditioners, microwave ovens, TVs, audio equipment covers, refrigerators,... SY Vina meets both mass production in large quantities and according to customer's demand. With diverse, eye-catching and durable paint colors, PCM steel panels are becoming a new trend in the field of high-end home appliances.2.2. Vinyl Coated Metal (VCM) TechnologyVCM steel, also known as VCM multi-layer steel, goes through a special production process to create high-quality products with outstanding durability and aesthetics. Colored steel panels, cold-rolled steel, galvanized steel, stainless steel,... are covered with PVC film, which acts as a protective layer, preventing corrosion, rust, scratches, chemicals and UV rays. They are used in high-end household products such as refrigerator covers, washing machines, air conditioners, elevators, appliances... In addition, the durability and longevity of VCM products are better than traditional coated metals. SY Steel has available designs in terms of color, pattern, texture and accepts designs according to customer's demand. Currently, SY's VCM steel focuses on the high-end furniture segment, popular in major markets such as Japan, Australia,... One of the most notable features of VCM steel at SY is the gloss effect from low to high, creating unique and delicate patterns such as wood grain, stone grain, tile grain, leather grain,...3. MRS Steel – Sourcing and importing unit of high quality SY Steel Vina steelMRS Steel is a trusted partner of many Vietnamese steel importers around the world such as the United States, Australia, Italy, EU, Malaysia, Indonesia,... With more than 12 years of experience in the field of iron and steel export, MRS Steel has expanded its connection network with many large mills such as SY Steel Vina, Hoa Phat, Ton Hoa Sen,...We always support customers in researching the domestic market, order requirements, customs procedures and many other issues to optimize time, effort and purchasing costs. MRS Steel went directly to SY's factory to review technology lines, test samples and discuss with SY's board of directors to agree on sales and warranty policies to ensure the best benefits for importers. If customers need a quote for the highest quality PCM and VCM steel, please contact MRS Steel via Whatsapp +84 76 911 2358 for the best support.

According to the Vietnam Steel Association, Vietnam is one of the world's largest suppliers of steel, producing up to 25 million tons in 2022 through numerous well-known domestic steel companies. This likewise makes it hard for shippers to pick between various organizations. Join MRS Steel to learn more about Sendo Viet Nhat Steel Joint Stock Company, one of Vietnam's largest steel producers.1. Overview of Sendo In 2015, SMC Investment - Trade Joint Stock Company and Hanwa Group (Japan) established Sendo Viet Nhat Steel Joint Stock Company. With a total investment capital of 13.8 million USD, Sendo is currently operating a 4-hectare factory in Phu My 1 Industry, Ba Ria-Vung Tau province. The factory invests in many modern machinery systems and production lines imported directly from Taiwan, helping Sendo's products meet international standards with stable, safe, and sustainable quality.Over many years of operation and development, Sendo is one of the leading units specializing in manufacturing cold rolled steel, box steel, galvanized steel, and pipe steel, ... to meet the needs of industrial and civil construction, utilities, transportation infrastructure, and household appliances. The distribution and export network of Sendo has expanded to include Vietnam, ASEAN, Africa, Australia, Japan, and the US.2. List of activities of SendoSENDO focuses on developing and providing product lines of black steel pipes, welded galvanized steel pipes, and hot-dip galvanized steel pipes. They committed to stable and safe quality, meeting the requirements in the field of construction, industrial as well as export.Sendo Black steel pipeManufacturing standards (Standard): ASTM, JIS G3444 – 1995, BS 1387 – 1985, TCVNRaw material: SPHC, SPHT1, SPHT2, SPHT3, SS400…Kind of products: Round; square tube (square); rectangular box tube (rectangular)Purpose of use: application in basic construction, fire protection systems, water supply - drainage, scaffolding, mechanics, pilesSendo Galvanized pipeManufacturing standards (Standard): ASTM, JIS G3444 – 1995, BS 1387 – 1985, TCVNRaw material: SGCC, SGHCThickness of zinc: Z80 ~Z275Kind of products: Round pipes; square tube (square); rectangular box tube (rectangular)Purpose of use: application in construction and industrySendo Hot-dip galvanized pipeManufacturing standards (Standard): ASTM, JIS G3444 – 1995, BS 1387 – 1985, TCVNRaw material: SPHC, SPHT1, SPHT2, SPHT3, SS400…Thickness of zinc: 320 ~ 600g/mKind of products: Round pipes; square tube (square); rectangular box tube (rectangular)Purpose of use: fire protection system, water supply - drainage, conduit, and fiber optic cable... 3. Sendo's production technology and scaleThe Sendo Steel Joint Stock Company uses a cutting-edge NOF production line system to produce all of its goods, ensuring both environmental safety and high quality. Sendo is well-known for its Vietnam-Japan steel product line, and the closed production process is imported directly from Japan. Sendo Vietnam steel pipe stands out for its resistance to oxidation, high strength, and high bearing capacity, making it suitable for all construction projects.Sendo's Coil Center system has a total capacity of 350,000 tons per year, scientific management method according to ISO 9001:2000, specializing in providing cutting services of hot-rolled steel plates, cold-rolled steel, and sheet steel electroplating, color plating, stainless steel with almost absolute precision. Viet Nhat SENDO steel pipe factories have an operating capacity of up to 100,000 tons per year. Meanwhile, the mill has the function of rust removal, cold rolling, and galvanizing with a capacity of 160,000 tons per year.4. Quality steel import solution in VietnamCurrently, Vietnam's steel products have been exported to more than 30 countries in the region and the world, reaching a record export milestone and joining the group of steel exporting countries with a turnover of more than 10 billion USD.Taking advantage of the understanding of the market and domestic steel companies, MRS Steel has been a partner of many foreign enterprises wishing to find a reputable and high-quality Vietnamese steel supplier. MRS Steel owns a team of experts and experienced market analysts who can help you source steel products that meet international standards at competitive prices. In particular, MRS Steel is a long-term partner of Sendo Group, always updating the most quickly with news on prices, regulations and products, which can help you save time, effort, and purchase costs in cooperation with Sendo.If you're looking for a reputable Vietnamese steel importer, MRS Steel's information about Sendo Steel Corporation and its products should be of some assistance. For the best support, please contact MRS via email at vanloc@mrssteel.com.vn if you have any questions about the steel market and businesses in Vietnam!

According to statistics of the General Department of Vietnam Customs, in the first half of February 2023, Vietnam exported more than 303,000 tons of steel of all kinds. Vietnam is a reputable and potential source of steel, which is highly appreciated thanks to large corporations such as Hoa Phat Group, Ton Hoa Sen, Nam Kim... In this article, MRS Steel will assist you better understand the No.1 enterprise in the field of steel coil production and trading in Vietnam – Hoa Sen Group.1. Overview of Hoa Sen GroupTon Hoa Sen (Hoa Sen Group) was established on August 8, 2001 with the full name of Hoa Sen Group Joint Stock Company. From a small manufacturing enterprise with a charter capital of only 30 billion VND, Hoa Sen has grown to become a leading steel and sheet metal corporation in Southeast Asia with a charter capital of more than 1.300 billion VND. In 2020, Hoa Sen ranked 18th in the list of 500 largest private enterprises in Vietnam.Currently, Ton Hoa Sen has successfully built a NOF chain system with a series of typical competitive advantages such as:Closed production and trading process of hot rolled steel, including import, production and distribution to final consumer.System of nearly 200 distributors and retailers nationwideEnvironmentally friendly system, protecting nature, oriented towards community valuesProduction system, machinery is continuously invested in new technologyOver 20 years of establishment and development, Ton Hoa Sen has always been loyal to the operating philosophy of "TRUST - COMMUNITY - DEVELOPMENT", towards sustainable and long-term values for the country and the community. In the near future, Hoa Sen Group promises to be a dynamic enterprise, continuing to make breakthroughs, constantly rising to high positions in the world steel map.2. List of activities of Ton Hoa SenCurrently, Ton Hoa Sen is focusing on the main areas of activity such as:Producing steel productsProducing PVC ceiling panelsProducing all kinds of building materialsTrading in construction materials, production materials and consumer goodsHowever, Hoa Sen's main product is still the production and trading of corrugated iron and steel, holding the No.1 position in Vietnam with 40% market share of corrugated iron and 20% market share of steel pipes. According to a report by the Vietnam Steel Association (VSA), in the first 6 months of 2021, Hoa Sen leaded the galvanized steel sheet market when consuming 931,000 tons, accounting for 36.7% of the market share. Hoa Sen Group currently exports to more than 87 countries and territories around the world.3. Scale and production technology of Ton Hoa SenIn the period 2005 - 2007, Ton Hoa Sen successfully operated the galvanized steel sheet production line I with a capacity of up to 50,000 tons/year, the NOF technology plating line with a design capacity of 150,000 tons/year and the steel factory has a designed capacity of 180,000 tons/year.With the main product line is Hoa Sen Gold color coated steel, Hoa Sen Group has invested in modern production technology lines according to American standard ASTM A755/A755M on a closed chain system. As a result, Hoa Sen's products are of high quality, with a plating thickness 3 times higher than that of other common corrugated iron products on the market. The modified layer and high-grade coating system of Hoa Sen Gold corrugated iron are chemical resistant, heat resistant, UV resistant and colorfast over time.Hoa Sen Group's vision not only brings economic value to the country but also establishes long-term human and community values. Therefore, Ton Hoa Sen constantly improves product quality and meets environmental standards in production. Currently, Hoa Sen has clean and advanced technologies and lines such as NOF (oxygen-free furnace) capable of cleaning corrugated iron surfaces effectively and saving energy. In addition, the enterprise also applies modern technological and technical measures to operate the boiler stably and friendly to the environment.4. MRS Steel – sourcing and importing various steel products from VietnamMRS Steel is one of the sourcing units, specializing in exporting high quality  steel products to many countries around the world such as the EU, the US, Canada, Australia, Middle East, Southeast Asia... Over 12 years of establishment and development, MRS Steel is a key business partner of many of the largest steel factories and enterprises in Vietnam such as Hoa Sen Group, Hoa Phat Group, POMINA, SENDO... With a strategic vision of providing quality products, best prices and bringing the most satisfying experiences to customers, MRS Steel has cooperated and accompanied many steel importers in the world for a long time. We always try to support customers all the steps of sourcing, quality control, procedures, customs documents and export in the most accurate and fast way.Hopefully, with the overview news about the largest galvanized sheet group in Vietnam - Ton Hoa Sen that MRS Steel has shared, it has helped you understand more about the current Vietnamese steel market. For any questions and need for advice on importing Vietnamese steel, please contact MRS Steel via Email vanloc@mrssteel.com.vn for 24/7 support.     

With a capacity of 1.5 million tons/year, Pomina Steel Corporation is one of the largest construction steel factories today. Pomina's products fully meet the needs of domestic and foreign steel markets.1. Company introduction: Pomina Steel CorporationPomina Steel Corporation is one of the leading steel companies in Vietnam, established in 1999. Including a chain of three construction steel mills and steel mills: Pomina 1 Steel Factory, Pomina 2 Steel Joint Stock Company, and Pomina 3 Steel Billet Factory. Pomina is considered one of the most prestigious and high-quality private steel production groups in the industry. Currently, Pomina owns a system of 800 stores that distribute products nationwide. Pomina is also one of the largest and most modern factories in Vietnam, with a total annual capacity of 1.1 million tons of construction steel and 1.5 million tons of billet.With the goal of bringing "core of life" products, Pomina Steel Corporation team is constantly striving to bring high-quality products as well as a variety of designs to meet the needs of the market. Pomina's products always uphold the criteria of durability, beauty, safety, affordable prices, and especially environmental protection.2. Product catalog of Pomina Steel CorporationPomina Steel Corporation specializes in manufacturing construction steel products, mainly deformed bar and wire rod. Pomina's steel products all meet TCVN 1651 - 1:2008 standards in addition to other standards such as JIS G3112:2010-ASTM A615/A615M-09B-BS 4449:1997. 2.1. Deformed barDeformed bar, also known as steel bar or rebar, usually has a diameter ranging from D10 mm to D40 mm. Before being rolled, steel billets undergo strict testing to ensure that the quality of the steel when produced meets quality standards. Pomina's deformed bar products are superior in terms of bearing strength, high durability, and suitability for industrial and civil projects, so Pomina Steel Corporation the product is always popular and used. Steel is produced on modern technological lines with high quality, ensuring safety and environmental friendliness.2.2. Wire rodWire rod with diameters such as phi 6, 8, 10, manufactured according to TCVN 1651 - 1: 2008. Steel is produced in a modern, uniform and closed production line in the whole process. As a result, Pomina Steel Corporation products have improved product quality, increased production capacity and met the consumption needs of consumers. Since production materials are always strictly tested along with modern steel rolling technology, Pomina Steel Corporation products have bearing strength, durability, and high resistance to the effects of the natural environment. 3. Advantage of Pomina Steel CorporationPomina Steel Corporation has the advantage over other businesses that it only focuses on a specialized product line in a certain market. Currently, Pomina's main product line is construction steel and Pomina focuses on the southern key regional market instead of the whole country like other businesses. In addition, Pomina Steel Corporation also focuses financial resources to increase billet and construction steel rolling capacity in the southern market to enhance its position and strength in this segment compared to other competitors in the region. Vietnam market.In Vietnam, with technology Consteel Pomina Steel Corporation is the first steel plant to operate this technology into the production process with a line fully invested with modern equipment from advanced countries in the world. Consteel technology completely removes slag and impurities, and focuses on recreating the source of recycled materials with a wastewater treatment system that meets the double-circulation standard, without discharging into the environment. With the right and synchronous investment, Pomina Steel Corporation is proud to bring quality steel products, while fully meeting the strict requirements of the market. We have just reviewed the overview of the Pomina Steel Corporation at MRS Steel. If you have any questions or concerns, please contact us. Hotline: +84 76 911 2358Email: vanloc@mrssteel.com.vn