Tất cả bài viết

Vietnam's steel market is increasingly asserting its foothold in the market as businesses begin to export Vietnamese steel products to the international market. Read the article below to better understand one of the reputable steel exporters in Vietnam.1. Steel market overviewAfter days of stagnation by COVID-19, the steel industry is experiencing strong recovery and transformation steps. According to the forecast of the Global Steel Association, steel demand in 2024 will be 135.8 million tons. Manufacturing is expected to lead the recovery, but high interest rates will continue to weigh heavily on steel demand. In 2024, steel products are expected to accelerate in most regions but decline in China.In Vietnam, steel consumption in the first 11 months of 2023 reached 23.7 million tons, declining by 5.6% over the same period last year. Accordingly, domestic demand for steel continued to decline sharply due to the stagnant real estate market and tight monetary policy. Meanwhile, the export market is still not favorable due to the recession in many economies around the world.2. Benefits of importing steel from VietnamAs one of the countries with a developing steel industry, Vietnamese steel is increasingly gaining a foothold in the market. By importing Vietnamese steel products, importers will get the following benefits:Product qualityProduct quality is always a key factor that steel manufacturers in Vietnam are interested in. The production of high-quality steel products not only helps consumers feel secure about the product but also helps businesses affirm their reputation and position on the world steel map.Competitive priceAlong with product quality, price is always what steel manufacturers aim for. With the signing of more than 15 FTA, importers will reduce costs when importing steel products originating from Vietnam.Abundant supplyIt is a developing market with many large steel producers. Choosing to import steel products from the Vietnamese market helps importers have more choices and diversify their products.3. MRS STEEL - Trusted partner to import steel from VietnamMRS Steel is based in Vietnam, specializing in the export of high-quality steel products to various destinations across the globe like EU, USA, Canada, Mexico, Australia, Middle East, Southeast Asia... With over 12 years of experience in the steel industry, MRS Steel have built a reputation for providing reliable, efficient, and cost-effective steel solutions to customers.At MRS Steel, we understand the importance of quality, reliability, and timely delivery to our customers around the world. That is why we work closely with our customers to ensure that their needs are met with the highest level of professionalism and excellence. We pride ourselves on offering a wide range of steel products that meet the needs of various industries, including construction, automotive, energy, manufacturing, and more.We have exported more than 358,000 tons of steel of all kinds to more than 235 customers from all over the world. With professionalism and dedication, all steel products from MRS Steel are trusted and selected by customers.. Working with the goal of putting customers at the center, we are always ready to support, answer questions, and meet the needs of customers 24/7. Customer satisfaction is the pride and development motivation of the MRS Steel team.4. The main exported products of MRS SteelCurrently, MRS Steel focuses on exporting mainly flat steel products:PPGI/PPGL GI/GLHRPOHRCCRC...We leverage our extensive network of suppliers and partners to source the best quality steel products at competitive prices. We also ensure that our products meet the required international standards, ensuring the highest levels of safety and durability.At MRS Steel, we believe that our success is rooted in our commitment to building long-term relationships with our customers. We are dedicated to providing excellent customer service and support, and we strive to exceed our customers' expectations at every turn. If you need to buy steel products, please contact us HERE.

The Mexican government has announced anti-dumping duties on cold-rolled coils imported from Vietnam, with the anti-dumping duties ranging from 11.6% to 79%. These duties have been adjusted to lower levels compared to the initial rates proposed by the Mexican Ministry of Economy in September.Alongside robust growth in export activities, Vietnam's steel products are currently among the most frequently subjected to anti-dumping and countervailing investigations initiated by countries worldwide. Many steel products have faced lawsuits and have been subject to anti-dumping and countervailing duties in major markets such as the United States, the European Union, India, Australia, and more. Most recently, the Mexican government has decided to impose anti-dumping duties on cold-rolled coil products imported from Vietnam.It is known that Vietnam and Mexico are both members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), so Vietnam's cold-rolled coil products enjoy a preferential tariff rate of 0% when exported to Mexico. For the groups of cold-rolled coil products currently under anti-dumping investigation, the total export turnover in 2020 was approximately 50 million USD. Among them, the HS code 7209 for cold-rolled iron and steel products accounted for nearly 80% of the production. This marked the second instance of Mexico initiating a trade remedy investigation against Vietnam, following an earlier anti-dumping investigation on coated steel products in 2021.On July 28, 2022, the Mexican Ministry of Economy initiated an anti-dumping investigation into cold-rolled coils imported from Vietnam based on complaints from the domestic industry. This action was taken in response to the observed unfair international trade practices affecting the country's enterprises. Under the guise of price discrimination, the cold-rolled coil products from Vietnam were deemed to have caused economic harm, leading to a decline in revenue for domestic steel manufacturers.After a period of investigation, the Mexican government has recently implemented anti-dumping duties on cold-rolled coil products imported from Vietnam. Starting from December 29, imported cold-rolled coil products from Vietnam had been subjected to anti-dumping duties imposed by the Mexican government. Specifically, the rates are 11.64% for products imported from Hoa Phat, 25.64% for those from Posco Vietnam and 79.24% for other manufacturers. In comparison, preliminary duties announced in September were 12.77% for Hoa Phat, 25.64% for Posco Vietnam and 81.06% for other manufacturers.The anti-dumping duties are applicable to items with the following HS codes: 7209.16.01, 7209.17.01, 7209.18.01, 7209.26.01, 7209.27.01, 7209.28.01, 7209.90.99, 7211.23.03, 7211.29.99, 7211.90.99, 7225.50.91, and 7226.92.06. Currently, steel products imported into Mexico also require a special import license issued by the Mexican government. In the context where the capabilities to respond to anti-dumping investigations by exporting businesses still have many shortcomings, fostering sustainable growth and exports and avoiding protectionist trade measures requires enterprises to adapt appropriately to the new circumstances. Faced with these challenges, Vietnamese businesses need to diversify risks, explore new export markets and enhance the value-added content of the domestic production chain. By doing so, the manufacturing sector can develop sustainably, minimizing the risk of investigations and applying anti-avoidance measures imposed by importing countries. Additionally, businesses should improve their traceability systems and accounting records to support anti-dumping investigations and facilitate the registration of self-certification mechanisms for the origin of raw materials in products subject to anti-avoidance investigations.

The steel market in Mexico has witnessed a significant increase, especially in September, with consumption rising by 21.8%. These positive figures not only signal economic recovery but also pose promising prospects for the steel industry in the country.Mexico with impressive growth in SeptemberAccording to the latest report, steel consumption in Mexico increased by 21.8% in September compared to the same period last year, reaching 2.72 million tons. This notable figure boosts confidence within the steel industry, signaling a strong potential for recovery in the near future.In addition to the increased steel consumption, the production of finished steel has also defied the negative trend in steel production over the past 6 months, particularly in September. Mexico produced 1.6 million tons of finished steel, marking a 2.9% increase compared to the same period last year.In general, during the first 9 months of the year, the steel industry in Mexico produced 14.48 million tons, a decrease of 12.3% compared to the same period last year. Meanwhile, the consumption of finished steel nearly doubled, reaching 21.48 million tons, a 14.4% increase compared to the same period last year.The significant increase in steel consumption is a positive signal for the steel industry in Mexico. It not only provides favorable conditions for domestic steel producers but also opens up opportunities for exports and international cooperation. The rapid recovery of the steel market is an integral part of Mexico's overall economic recovery.With impressive growth in steel consumption in September, Mexico is entering a phase of robust recovery. Increased demand and supportive economic strategies play a crucial role in driving the development of the steel industry, creating positive prospects for the future.Dynamics boosting steel industry growthA number of crucial factors have contributed to the significant growth of the steel industry in Mexico. One of the most important factors is the economic recovery following the negative impacts of the recession caused by the pandemic. The strong performance of industries, especially construction and manufacturing, has generated high demand for construction materials, including steel.Additionally, in conjunction with Mexico's economic recovery strategy, the government's supportive measures and incentives for investment have also positively influenced the growth of the steel industry. These measures not only provide impetus for new construction projects but also boost consumer industries, enhancing demand for processed steel products.Prospects for the Vietnamese steel industry as the Mexican market growsThe steel industry in Mexico has experienced strong growth, but the production volume has significantly declined, leading Mexico to import steel from other countries to ensure an uninterrupted supply. Mexico is one of the major steel export markets for Vietnam. With the substantial growth in steel consumption in this market, it has opened up opportunities for the Vietnamese steel industry to develop and expand its presence.Enhancing the export of steel products from Vietnam to the Mexican market could elevate the value of Vietnamese steel on the global steel map. Moreover, it is likely to boost sales figures and contribute to foreign currency earnings for Vietnamese steel enterprises.When entering the steel market in Mexico, competing with global rivals is a necessity. Mexico's market is challenging, and to establish a solid presence, Vietnamese enterprises must adhere to export regulations and product quality standards. Ensuring that products meet international standards can instill confidence from customers. This is also an opportunity for the Vietnamese steel industry to improve product quality, reduce production costs, and enhance competitiveness to capture the potential in this market.

How to import quality steel, avoid fraud, commit to delivering the right quantity, on time, and have good after-sales customer service? The common answer to all of these questions is: "Looking for a reputable, quality steel import support unit". Let's explore the qualities that a steel partner should possess with MRS Steel.1. Commitment to quality and continuous improvementWhile price is a crucial factor in purchasing decisions, importers cannot overlook the quality of the products. Quality greatly affects project performance, safety and various complex issues.When selecting a supplier, it's essential to understand who your partner is, their market position and they must have clear and stringent commitments to quality, origin of the goods. Products should meet international standards such as ISO 9001, ASTM, JIS,... and adhere to international quality management systems. Additionally, steel suppliers should continuously invest in and improve their production processes based on feedback from customers.2. Rich experience in steelExperience is a fundamental requirement in any industry, from manufacturing to business. Choosing partners with extensive experience in the field of iron and steel and a certain level of reputation in the market not only helps you feel secure in cooperation but also offers mutually beneficial business solutions.3. Proactive and flexibleIn terms of production process, the factory must be flexible and ready to meet customers' individual requirements. In addition, importers also appreciate the initiative of businesses in always having a certain amount of steel product inventory in case of special cases.4. Adherence to Contract TermsImporting steel often involves a time-consuming and complex process, including customs procedures and multiple stages of shipping. Therefore, it's crucial for steel suppliers to fulfill their contractual obligations to avoid disruptions to customers.5. Excellent after-sales servicesAfter delivering steel orders, the seller's responsibility doesn't end. They must continue to address issues that may arise, such as lack of goods, damage, warranty and return,... Not all companies are equally responsible and capable of handling these risks, so importers need to thoroughly assess a partner's credibility and customer care attitude before deciding to collaborate.6. MRS Steel - Vietnamese steel import solution providerMRS Steel has more than 12 years of experience in the field of sourcing and importing Vietnamese steel to many countries and territories around the world. The company has expanded its operations and has a team of top experts in market analysis, procurement, supply chain, communication,… This allows importers to connect with the largest steel brands in Vietnam at the most optimal cost.With its existing capacity and potential, MRS Steel is the top choice of many importers from the United States, Europe, England, Australia, Mexico, India, Southeast Asian,... when they need high-quality Vietnamese steel. MRS Steel always maintains its strategic vision of becoming the leading supplier and importer of Vietnamese steel in the region, so customers can rest assured to experience the best services from us.If you need to understand the market and import Vietnamese steel, please contact MRS Steel via Email vanloc@mrssteel.com.vn for 24/7 support.

The steel industry in Mexico is considered one of the most dynamic steel production hubs globally, as the country ranked among the top 15 steel manufacturers worldwide in 2022. Here is the list of the top 5 leading steel manufacturers in Mexico, evaluated based on their operational history, factory capacity, and an extensive network of branches not only within the country but also throughout the Americas region.Altos Hornos de México (AHMSA)AHMSA is a steel mill with a history of over 80 years of operation in Mexico, located in Monclova, a central region of the Coahuila state, about 250 kilometers from the U.S. border. The plant was initially established to solve the steel raw material shortages during World War II. Currently, AHMSA is the largest steel producer in the country, with an extensive industrial chain, from iron ore mining and coal mining to the production of various steel products.Leveraging its advantage as a raw material miner and transporter, AHMSA is often known as one of the lowest-cost steel suppliers in the region. The plant's strengths include products such as hot-rolled coil steel, cold-rolled steel, tinplate, and construction steel. As the largest and most robust steel mill chain in Mexico, the company owns a 1,200-hectare facility with two main production plants, with a total capacity of 5.5 million tons per year.Ternium MéxicoTernium is a steel production and distribution conglomerate that specializes in various types of steel, including hot-rolled steel, cold-rolled steel, galvanized steel, and construction steel. The company operates a network of facilities across multiple countries in the Americas region, including Argentina, Brazil, Colombia, Mexico, and the United States. The group aims to become a leading steel supplier in the Americas region, serving primarily the automotive, oil and gas, machinery, and construction industries.According to data from the World Steel Association in 2021, Ternium was among the top 15 largest steel manufacturers in the world. Currently, Ternium operates 18 steel plant complexes and 42 distribution centers. In addition to steel production and distribution in the Americas region, Ternium is also known as a raw material miner in Mexican ore mines. With control over input materials and a vast network of operating plants across various countries, the company has an annual crude steel production capacity of 12.5 million tons, with hot-rolled steel being a significant product category, boasting a capacity of over 13.8 million tons.DEACERODeacero is a mining and steel production conglomerate with over 70 years of history in Mexico. The group is focused on developing a leading steel distribution network across the Americas, with a presence in various countries, including the United States, Canada, Guatemala, Costa Rica, Colombia, Chile, Peru, and Spain. Currently, the conglomerate owns a total of 21 Recycling Centers, 3 Steel Mills, 15 Finished Product Plants, and 1 Research Center, with a steel production capacity of up to 4.5 million tons per year.Grupo SimecGrupo Simec is a well-known leader in long steel manufacturers in Mexico, with a product portfolio that includes wire, rebar, structural steel, fencing, and wire mesh. Founded over 70 years ago, Simec played a vital role during the industrialization of the country. The company operates mainly in three regions: Mexico, the United States, and Brazil.At present, the company operates a total of 15 mills, with 4 major mills in Mexico, located in Mexicali, Guadalajara, Tlaxcala, and San Luis Potosi, and 7 more mills in the United States and Brazil. As of 2020, the company's annual crude steel production capacity reached over 4.8 million tons, with finished steel production capacity exceeding 5.2 million tons.ArcelorMittal Las TruchasLocated on the Pacific coast of Mexico, ArcelorMittal Las Truchas is considered one of the largest steel manufacturers in Mexico with nearly 50 years of history. The company specializes in various long and flat steel products, including rebar, wire rod, hot-rolled steel, cold-rolled steel, and other coated steel products.Las Truchas is also the name of iron ore mines concentrated in the southeastern part of Mexico, with an annual iron ore supply of over 1.8 million tons. Due to its favorable geographical location, the Las Truchas plants can efficiently manage their raw material supply, enhancing production capacity. Currently, the steel production capacity of the plant is 6.4 million tons and is divided into two main branches: long steel with a capacity of 2.4 million tons per year, mainly providing steel bars and wire rods for the construction industry, and flat steel with a capacity of 4 million tons per year, accounting for 5/8 of the plant's production and primarily serving the international market.It is evident that the abundant iron ore reserves in the region have created conditions for Mexico to develop its steel industry, making it the 14th largest producer of raw steel in the world. Additionally, the major steel production conglomerates in Mexico share a common trait – they have extensive networks of plants and branches spread throughout the Americas region due to their strategic geographic locations, serving as a bridge between North and South America.Despite the recent decline in steel consumption and the challenges faced by the global steel industry for over a year, Mexico is still seen as a promising steel importing and exporting nation due to its excellent steel supply capabilities. The above is a list of the top 5 steel manufacturers in Mexico, as compiled by MRS Steel. If you need to learn more about the top steel manufacturers in other regions, including Vietnam, please continue to explore our Blog category!"

August 2023 witnessed a significant decline in the steel production value in Mexico, with a 20.2% decrease. This is a concerning issue for the steel industry of the country, and it reflects the economic challenges and impacts that Mexico is currently facing.Causes of Decline in Steel ProductionImpact of the COVID-19 Pandemic: Although the pandemic crisis began in 2020, its adverse effects continue to linger and affect the Mexican economy. There have been disruptions in the supply chain and a global economic downturn due to the pandemic, placing significant pressure on the steel industry.Challenges in Raw Material Supply: The supply of raw materials for steel production, such as iron ore and coking coal, has faced difficulties due to price fluctuations and scarcity. This has resulted in a decrease in production value due to the shortage of essential materials.Weakening of the Global Steel Market: The global steel industry is also experiencing a decline. Trade disputes and reduced demand in some key regions have created pressure on pricing and steel production within the Mexican steel market.The steel market's impact on the Mexican economyThe decline in steel production in Mexico not only affects the steel industry but also has significant impacts on the country's overall economy. Below are some important economic impacts on Mexico:Impact on the Labor Market: The production decrease can lead to a significant reduction in jobs and an increase in the unemployment rate within the steel industry, affecting the workers in this sector.Impact on Exports: Mexico typically exports steel to many other countries. The production decline can affect the ability to export and generate foreign exchange revenue from the markets to which it exports.Impact on Company Finances: Steel manufacturing companies may have to deal with losses and financial difficulties, which could lead to the weakening of the steel industry.Challenges for the Mexican steel industryThe decline in steel production is a significant challenge for the Mexican steel industry. To overcome the current difficulties, the steel industry in Mexico may need to focus on improving productivity, optimizing production processes, and finding ways to enhance investment in infrastructure and human resources. Additionally, the Mexican government should support this industry through policies and economic stimulus measures.The 20.2% decline in steel production in Mexico in August is a warning signal for the country's economy and steel industry. Finding ways to overcome the current challenges will play a crucial role in ensuring stability and sustainable development in the future.Opportunities for the Steel Market in VietnamWith the decrease in steel production in Mexico, it presents a significant opportunity for Vietnam to enhance its steel exports to the Mexican market and other markets previously served by Mexico. This is an opportunity for the Vietnamese steel industry to expand its export market and generate foreign exchange revenue. Additionally, the decline in steel production in Mexico also creates an opportunity for Vietnamese businesses and the government to strengthen international cooperation and establish collaborative relationships with Mexico and other countries, thereby boosting exports and the development of the Vietnamese steel industry.The reduction in steel production in Mexico in the past August has affected the nation's supply source. To ensure an uninterrupted supply, Mexico has had to import steel from other countries. With internationally standardized product quality and reasonable pricing, Vietnamese steel is a valuable supply source for Mexico's steel industry. If you have a demand to import steel products with origins in Vietnam, please don't hesitate to contact us here.