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Vietnam's steel market is considered a new bright spot in the outlook of the global steel industry by the many factories with large annual capacity operating advanced technical lines. This post today will list the top 5 Vietnam A class steel factories in 2024.Hoa Sen GroupOwning more than 11 large-capacity steel mills across the country, Hoa Sen is currently leading the coated steel sheet segment in Vietnam with an output accounting for more than 35% of the coated steel market share in 2021. The machines at the factory are invested with a push pull pickling line with a capacity of 1.9 million tons/year, NOF lines to help clean the surfaces of corrugated iron with a total capacity of more than 2.2 million tons/year. In addition, the cold rolling mill is designed according to German Esmech technology with an annual capacity of more than 1.6 million tons.Besides the main product segment of galvanized steel sheet, Hoa Sen also promotes the steel pipes and zinc pipes segmentations. During the past years, the group has established 6 factories specializing in manufacturing steel pipes with a total capacity of more than 1.2 million tons/year. Hoa Sen's steel pipe market share has maintained the 2nd position for many consecutive years in the fierce increasing steel production race in Vietnam.All output steel products at Hoa Sen factories currently meet strict international standards including JIS of Japan, ASTM of USA, AS of Australia, BS of UK and EN standards of Europe. The diverse types of products and optimal quality standards in each steel output have helped Hoa Sen reach many major markets around the world.Hoa Phat Steel Factory - the leading complex Vietnam A Class steel factories Hoa Phat Steel Group was established in 1992 and with more than 30 years of operation, the group has gradually dominated the Vietnam steel market by continuously maintaining the No. 1 in construction steel market share . Currently, Hoa Phat is operating 3 factory complexes including the Hai Duong iron and steel factory complex, the Dung Quat iron and steel factory complex, and the Hung Yen steel mill.The Hai Duong iron and steel factory complex since being put into operation has provided a capacity of 2.5 million tons of steel per year including billets and bars. In addition, Hoa Phat steel pipe, which is one of the key products of the group, with a capacity of 1 million tons/year, has helped Hoa Phat maintain its dominant position in the steel pipe market in recent years. Moreover, Hoa Phat Group started to supply galvanized steel sheet products to the market every year since 2018, after only 5 years of experience in producing galvanized steel, Hoa Phat has quickly built a production line system with a capacity of reaching 400,000 tons/year.The year 2020 has marked an important milestone for Hoa Phat when the group has added a new product that is producing HRC (hot rolled coil). The whole equipment of HRC factory is designed according to modern technology of Danieli Group from Italy, including many continuous equipment clusters from smelting - billets casting  - flat rolling. The total capacity is designed to reach 3 million tons of HRC/year, Hoa Phat's HRC product promises to bring new breakthroughs to help the domestic steel industry be more proactive in finding the input raw materials and limiting imports from abroad.Ton Nam Kim steel manufacturers Ton Nam Kim tith the beginning as a company specializing in manufacturing galvanized steel products, the company has always pioneered and applied the most modern steel production technologies to the line. During years of experience in the steel section, they became the second position in galvanized steel market share. Currently, Nam Kim owns 2 coating steel mills with a total capacity of up to 1 million tons/year. In addition, Nam Kim also invested in the field of steel pipes when operating 2 steel pipe factories with a total capacity of more than 270,000 tons/year.The whole Ton Nam Kim factory uses modern steel production technology from Europe such as SMS technology from Germany and Drever from Belgium. The input materials here are imported directly from quality steel grades from Nippol Steel (Japan), Hyundai Steel (Korea) and CSC (Taiwan). The company pays attention to product quality control, all steel products must go through the close examination stages before being put on the market. The output products at the factory fully meet the international standards of JIS, ASTM, BN and AS.Since its establishment, Nam Kim has officially managed a series of advanced production lines such as a pickling line equipped with an acid regeneration system with a capacity of 900,000 tons/year. Ton Nam Kim also owns the first cold rolling mill with 2 stands and the first 6 cold rolling mills in Vietnam to help increase capacity by twice. Currently the total capacity of the cold rolling mills at the factory reaches 900,000 tons/year.Ton Dong A Corporation - one of the top Vietnam A class steel factoriesTon Dong A Corporation with the main field is trading and manufacturing galvanized steel products such as galvanized steel, galvalume steel and prepainted galvanized/galvalume steel. With the goal of becoming one of the top Vietnam A class steel factories, the group has continuously invested in equipment and production lines throughout its operation.Ton Dong A currently owns 2 steel factories including 4 galvalume production lines with NOF technology, 1 pre-painted galvanized line, 1 pickling line and 2 cold rolling mills. The lines at the factory are designed by steel production technology including Danieli (Italy) and Fata Hunter (USA).The company aims to produce high-quality galvanized/galvalume products, the input materials at the factories are always carefully checked and sourced from quality suppliers such as JFE, Kobe, Nippon (Japan), Posco (Korea) and Baosteel (China). The total capacity of galvanized steel products at Ton Dong A's factories is more than 1 million tons per year, which has helped them to distribute the network of products spreading from ASEAN regions to large markets such as Europe, America, Australia and Japan.Southern Steel Sheet Company Limited (SSSC)Southern Steel Sheet Company Limited is a joint venture between Vietnam Steel Corporation, Sumitomo Corporation (Japan) and FIW STEEL SDN BHD Company (Malaysia). Possessing 30 years of establishment and operation, SSSC is currently the one of the leading suppliers of galvanized/galvalume steel and pre-painted galvanized/galvalume in Vietnam.Up to now, the company has owned 2 factories including 2 galvanizing lines and 3 color coating lines, of which galvanizing line with capacity of 250,000 tons/year and color coating line with total production volume of more than 320,000 tons/year. The production lines at the SSSC factory applied the most advanced technology in the world such as Tenova of Italy. The output steel products at the factory always meet strict standards such as JIS G3321 and JIS G3312 of Japan, ASTM A653/A653M of the US.These steel factories not only bring quality product grades to the market every year, but also they generate jobs for thousands of workers, contributing certain values to the development of the community economy. Through the above article, MRS Steel hopes that you will have a more overview of the top Vietnam A class steel factories in 2024 to make you better understand the steel market here! 

The purpose of the steel mills assessment is to select the right supplier for the enterprise's requirements. That's important, but many businesses are still wondering what the objective and accurate evaluation criteria are. The following article summarizes the criteria for evaluating steel mills so that you can choose reliable partners.Reputation of steel millsWhen evaluating a steel mills, the reputation of the factory is the first factor and also a decisive factor in deciding whether to cooperate or not. To consider whether the factory is reputable enough, we need to note a few aspects:Clear information: Does the factory really exist? Address, contact method, business license or not?Transparency in cooperation: Does the factory ensure the supply of raw materials and maintain long-term cooperative relationships with partners?Review of legal issues: View legal procedures related to past and current factory contracts; Is the factory's legal compliance guaranteed?Product qualityThis is the most important criterion when any business wants to make a decision about choosing a steel mills. When sourcing products, businesses will proceed to provide criteria for quotes, product quality, materials, durability, aesthetics,... From there, make a detailed assessment and draw the conclusion that the product of this factory is suitable for the needs of the business you are looking for. You should build a form, a tracking sheet in the form of a scale, to comment on all aspects of the quality of goods supplied by the factory.In addition, it is also necessary to consider the damage rate of the goods. Specifying a specific risk level or criterion after the time of importing goods and conducting inventory, based on that ratio to track the quantity, find out if the cause of damaged goods is due to the transportation process or supplier error.Production capacity of steel millsProduction capacity is one of the important criteria for evaluating steel mills. The assessment of the production capacity of the factory will clarify the efficiency of the factory's production activities and its ability to meet the needs of the market. A factory with a large production capacity is equivalent to an abundant labor force and modern machinery and equipment. Besides, production capacity also helps to assess the potential of the mill development. The larger the steel mills production capacity, the larger the mill.Product delivery performanceIn the criteria for evaluating steel mills, it is indispensable to evaluate the factory's product performance. Ensuring the performance of the factory's product supply determines the business plan of the enterprise. Therefore, suppliers need to ensure credibility in the time and quantity of products provided. Below are the factors used to evaluate the product supply performance of steel mills:Order fulfillment time: The time from the beginning of order fulfillment to when the supplier delivers the goods to your business.Reliability of delivery: Ensure the agreed delivery time, sure delivery, the right type of goods, the right quality, and the quantity of goods according to the contract.Information: Information is exchanged throughout the steel mills and your business.Flexibility: The steel mill's ability to adapt its product supply to changing conditions.Production technology of steel millsCurrently, steel mills around the world use three main production technologies, including the basic oxygen furnace (BOF), the electric arc furnace (EAF), and the induction furnace (IF). In which BOF technology accounts for the majority, EAF and IF technologies account for a little and very little. This is also an important criterion that businesses need to pay attention to make objective and accurate assessments of steel mills.The fact that factories use modern production technologies not only brings high-quality products but also contributes to saving energy. Technological improvements and upgrades promise to be outstanding advances in product quality and output.Product price and payment methodProduct prices and payment methods are indispensable criteria in the steel mills evaluation criteria table. This criterion affects the buyer's ability to buy and profit. If there are two suppliers with the same quality and performance of products and services, the one with the cheaper price will bring more profits to the business. Evaluation factors may include:Competition: The price paid should be comparable to that of other competitors. Enterprises should have quotes from many steel mills for comparison and better evaluation.Accuracy and stability: The price on the order and on the invoice should only have a small difference. If there is a change in the price, the supplier should notify customers in advance. Prices also need to be stable over time.Payment transparency: The average time it takes to receive a credit note should be reasonable. The estimated cost should not change significantly from the final invoice. Supplier invoices should be timely and easy to read and understand.Customer serviceCustomer services help businesses in cases of problems such as product errors, missing orders, low-quality products,... Therefore, this is a criterion that cannot be ignored when proceeding with the steel mills assessment.When conducting supplier evaluation, it is necessary to collect opinions on the quality of support, the attitude of the supplier and response time to support requests, the qualifications of the support staff,... Customer service will be evaluated through three timelines: before the transaction, during the transaction, and after the transaction.Thus, the above article has summarized seven criteria for evaluating steel mills. However, to conduct the assessment according to the above seven criteria, enterprises need to have accurate, transparent, and complete information about the factory. I hope this information is useful for you in choosing a reputable and quality steel mills.