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The steel industry in Vietnam currently has more than 300 specialized enterprises participating in steel production and trading. Among them are manufacturers that have created a special mark on the international steel market.In the following article, let's explore the top 10 largest steel mills in Vietnam with MRS Steel, from which you can make the right choice for your needs. And at the end of the article, we have a gift that is thoughtfully prepared for you - which is worth 99$ - don’t forget to get it.Hoa Phat Group (HPG) - The largest steel mill in VietnamHoa Phat was established in August 1992, starting with trading in construction machines and gradually expanding to other fields such as iron and steel products,... Hoa Phat is one of the top 10 steel mills in Vietnam today, holding the No. 1 market share in construction steel and steel pipes. HPG's market capitalization reached 11 billion USD, among the top 15 steel mills with the largest capitalization in the global steel industry.In 2022, Hoa Phat will achieve a revenue of 142,000 billion VND and a profit after tax of more than 8,400 billion VND. The main contributions to Hoa Phat Group's consumption output are construction steel and HRC. Construction steel reached 4.2 million tons, an increase of 10% over the same period and contributed 59% of total steel output of all types. This is also one of the only two steel mills that can produce HRC for the Vietnamese market.Formosa Ha Tinh Steel Corporation - FHSFormosa Ha Tinh Steel Corporation is the largest foreign direct investment steel mill in Vietnam. Started construction in 2008, with a total area of more than 3,300 hectares, including a land area of more than 2,025 hectares and a water surface area of more than 1,293 hectares (Son Duong port). With a total investment cost of more than 28 billion USD, Formosa is expected to meet a capacity of 22.5 million tons per year. After completing both phases, the project opens up new development for the Vietnamese steel industry.Alongside Hoa Phat Group, Formosa is the first steel mill in Vietnam to produce HRC, a primary steel product in the steel industry.In 2022, Formosa's steel output will reach about 5.8 million tons, thereby contributing to increasing the business' revenue to over 4 billion USD. In terms of product supply, Formosa Ha Tinh Steel combines new equipment with the advanced technology of its partners while constantly improving production technology, optimizing operation management, striving to achieve high quality and low cost and improving the index between the quality and price of the products provided to avoid falling into the situation of unfair, cheap competition.VAS Group Established in 1998, VAS is among the few companies that own a complete ecosystem of steel mills and seaports, with an annual total capacity of 4.35 million tons of square billets and 2.5 million tons of construction steel. The international port services system and logistics not only optimize operational costs for the corporation but also facilitate the import and export of goods. The establishment of Nghi Son International Seaport in Thanh Hoa has provided a competitive advantage in the supply chain, enabling the company to meet requirements for production volume, quality and delivery schedules.Currently, VAS's steel mills own the world's leading modern production lines from Danieli, Italy, one of the leading corporations in steel billet and rolling production, along with advanced scientific production processes. Advanced and strict according to European standards. Therefore, VAS steel products are highly appreciated for their brand and quality thanks to meeting strict standards around the world, such as Japan's JIS standards and America's ASTM standards.Hoa Sen GroupHoa Sen Group was established on August 8, 2001 specializing in the fields of: Hoa Sen Steel Sheet, Galvanized Thick Steel, Hoa Sen Zinc Pipe, Hoa Sen Plastic Pipe. High quality products of Ton Hoa Sen are widely accepted and used both domestically and internationally because of their reasonable prices, meeting a variety of needs.According to a report of the Vietnam Steel Association in 2016, Hoa Sen Group accounted for 33.1% of the corrugated iron market share and 20.3% of the steel pipe market share, leading enterprises in the production and trading of corrugated iron and steel in Vietnam. Currently, Ton Hoa Sen is still growing rapidly with 11 large factories, a system of 300 distribution and retail branches present in over 70 countries and territories around the world.Ton Dong A CorporationEstablished on November 5, 1998, under the name Dong A Co., Ltd. In 2009, the company converted from a limited liability company to a joint stock company to match the development of the current economy. This enterprise specializes in producing cold corrugated iron, zinc-coated steel, cold corrugated iron and color-coated iron, serving the construction and civil industries. After more than 20 years of establishment and development, Ton Dong A Joint Stock Company has always been committed to partners, customers, and consumers about product quality, service quality and competitive prices to meet the needs of customers. To increase investment in technology lines to improve product quality and increase product diversity and richness. Thereby affirming its position in the market and expanding export markets in Southeast Asia towards the further market.Nam Kim Group Nam Kim Steel Joint Stock Company was established on December 23, 2002. As a leading enterprise specializing in producing galvanized steel sheets in Vietnam, Nam Kim Steel is always a pioneer in investing in technology to provide products that meet the highest quality standards.Currently, galvanized steel products are the main product line of Nam Kim Steel. In addition, the company also promotes the production of steel pipes. The company always focuses on and invests all of its resources in manufacturing steel and improving the capacity of factories. After more than 20 years since its establishment and development, Nam Kim brand has gradually marked a remarkable transformation to become the 2nd leading brand in terms of market share of coated steel sheets in Vietnam.In 2022, Nam Kim Steel recorded revenue of 23,071.25 billion VND, down 18.1% compared to the previous year, and a negative profit after tax of 124.68 billion VND over the same period. Of which the gross profit margin decreased from 15.2% to 6.4%. In 2023, Nam Kim Steel sets a business plan with a total revenue of 20,000 billion VND, an increase of 13.5% compared to 2022 results, and an expected pre-tax profit of 400 billion VND.Southern Steel Sheet Co., LtdEstablished in 1995, the SSSC steel mill is a joint venture between Vietnam Steel Corporation (VSC) and Sumitomo Corporation (Japan) along with FIW STEEL SDN. BHD (Malaysia). Over nearly 30 years of development, SSSC has expanded significantly, gaining a reputable position in the production of roofing and construction materials. SSSC currently provides high-quality products in diverse sizes and types, catering to civil, industrial and various construction projects across Vietnam. The company's products meet stringent quality and safety standards, manufactured through rigorous quality control processes.With a commitment to quality and service, the SSSC steel mill has established its position in the manufacturing and supply industry of roofing materials. It's recognized as one of the reliable partners for contractors, businesses and individuals in the construction sector.TVP Steel Joint Stock Company TVP Steel Joint Stock Company stands as one of the leading steel mills in Vietnam, specializing in high-quality galvanized, color-coated roofing sheets, steel plates, steel pipes and more. TVP consistently leads in technological advancements in the market by continuously investing in cutting-edge machinery and equipment from renowned conglomerates like Tenova and Danieli. Currently, TVP's products are available in various countries and territories worldwide.For several years running, TVP steel mill has consistently affirmed its leading technological position and continuously invested to expand its market share in the steel production industry. With steadfast investments, TVP Steel is confident in reaching greater heights and becoming one of the leading steel manufacturing enterprises with top-notch technology in Southeast Asia.SMC Trading Investment Joint Stock CompanyStarting off as Building Materials Store No. 15, SMC swiftly expanded to become an investment and trading joint stock company. With over 35 years of establishment and growth, SMC steel mill commits to upholding a reputable and professional role in steel distribution, processing operations and manufacturing. By continuously refining and innovating in quality and service, SMC consistently improves to meet the diverse demands of customers and the market.SMC has imported state-of-the-art production lines with large capacities based on European technology, ensuring regular maintenance for efficient operations. All operations are conducted using automated control technology, with drives operating according to variable-frequency technology. This not only optimizes energy consumption but also ensures efficient production and the best product quality for customers.Tay Nam Steel Established between 2016 and 2022, Tay Nam Steel completely separated from Vina One to become an independent company. Tay Nam is recognized as one of the most reputable steel mills in the southern region.With the aim of supplying and promoting high-quality Vietnamese steel to the international market, Tay Nam Steel has continuously researched and focused on producing key products, including galvanized steel, cold-rolled steel, steel pipes, and various other construction materials. The Tay Nam steel mill has also prioritized investments in advanced, modern technologies, employing a team of highly skilled experts with rich experience. All of Tay Nam's steel products meet international standards while maintaining reasonable prices and ensuring top-quality service.Currently, Tay Nam's products are available in over 47 countries and territories worldwide. They are expanding their export market to promising regions like the Middle East, South Asia, the United States, Europe, and other potential markets.Here is a list of the predicted top 10 steel mills in Vietnam for 2024. If you're interested in purchasing steel products from these mills, please contact us here.   

In Vietnam, Hoa Phat is considered one of the largest enterprises in the steel industry. With the strength of steel production capacity and export to countries around the world, Hoa Phat aims at being in the top 50 largest steel-producing companies in the world with a turnover of over 100,000 billion VND/year, creating value for the Vietnamese economy in general.1. Hoa Phat Group OverviewEstablished in 1992, Hoa Phat belongs to the first group of private companies established after the Vietnam Enterprise Law was promulgated. Currently, the group has a production scale with dozens of factories and a product distribution network stretching across Vietnam.1.1. Company History- In 1992: Established Hoa Phat Equipment & Parts Co., Ltd. - The first company bearing the brand name Hoa Phat- 1995: Established Hoa Phat Furniture Joint Stock Company- 1996: Established Hoa Phat Steel Pipe Co., Ltd- 2000: Established Hoa Phat Steel Joint Stock Company- 7/2001: Established Hoa Phat Refrigeration Co., Ltd- 9/2001: Established Hoa Phat Urban Development and Construction Joint Stock Company.- 2004: Established Hoa Phat Trading Co., Ltd- 1/2007: Restructured according to the group model, with the parent company being Hoa Phat Group Joint Stock Company and its member companies.- 8/2007: Established Hoa Phat Steel Joint Stock Company- 15/10/2007: Listing stocks with code HPG on Vietnam stock market.- 6/2009: Hoa Phat Energy Joint Stock Company became a member company- 12/2009: Hoa Phat Iron and Steel Complex completed investment stage 1- 6/2010: Golden Gain Vietnam Joint Stock Company became a member company- 8/2012: Hoa Phat celebrated 20 years of establishment and development, received the Third Class Labor Medal from the President- 10/2013: Hoa Phat Iron and Steel Complex completed investment stage 2- 9/2014: Deploying stage 3 of the Iron and Steel Complex with a capacity of 750,000 tons- 9/3/2015: Hoa Phat officially launched Hoa Phat Trading and Feed Production One Member Company Limited, marking a new development in the Group's history when investing in agriculture.- 6/7/2015: Hoa Phat Mineral Joint Stock Company officially changed its name to Hoa Phat Livestock Development Joint Stock Company.- 7/2015: Established Hoa Phat Dong Nai Animal Feed One Member Company Limited - - 1/2016: Established Hoa Phat Quang Binh Livestock Co., Ltd.- 2/2016: Established Hoa Phat Agriculture Development Joint Stock Company, the 18th member company of the Group- 4/2016: Established Hoa Phat Steel Co., Ltd., started to implement the project of color coated steel sheet, galvanized steel sheet, cold galvanized steel sheet of all kinds.- 2/2017: Established Hoa Phat Dung Quat Steel Company- 8/2017: Hoa Phat Group officially celebrates 25 years of construction and development- 2018: Supplying high quality color coated steel sheet to the market and for the first time, the consumption volume of Construction Steel reached a record of 250,000 tons.- In 2019: Run phase 1, In 2020 run phase 2 of Dung Quat project- 12/2020: Starting to supply commercial HRC hot rolled coil products to the market. The product helps to optimize Hoa Phat steel ecosystem.- 12/2020: Restructured the operating model with 4 corporations under Hoa Phat Group including: Iron and Steel Corporation, Steel Products Corporation, Real Estate Corporation, Corporation Agriculture.- 9/2021: The Group decided to establish Hoa Phat Household Appliances Corporation with the following fields of activity: Investment, production and sales of electrical appliances - household appliances.1.2. List of Hoa Phat steel productsBy 2022, Hoa Phat's steel product portfolio includes:- Construction steel: Billet, coil, bar, hot rolled coil, special steel and related products.- Steel pipes: Black steel pipes, hot-dip galvanized steel pipes, galvanized steel pipes, large steel pipes, galvanized steel coils and other industrial steels.- Steel sheet: Rust-cleaned and oil-coated corrugated iron, cold rolled corrugated iron, galvanized corrugated iron, color coated galvanized corrugated iron, galvanized aluminum coil and color coated zinc aluminum.- Metal fabrication: Drawn steel, flanged prestressed steel, high quality coke for metallurgy and thermal power, manufacturing equipment.2. Hoa Phat's production capacity2020-2021 is a period of global economic crisis when the world faces difficulties and impacts from the Covid-19 pandemic. However, Hoa Phat has always recorded growth in output and market share of construction steel. In 2020, the production capacity of finished construction steel reached more than 3.4 million tons, up 22.5% over the same period last year, accounting for 33% of Vietnam's market share.Through 2021, Hoa Phat has established and continuously maintained its No. 1 position in the steel pipe market for 20 years with a production output of 920 thousand tons, accounting for 30-32% of the domestic market share. Hoa Phat color coated corrugated iron products were first introduced to the market in April 2018 and were quickly received and supported by the domestic and international markets because of their optimal quality and price. Up to now, Hoa Phat Group has been distributed in many countries and territories around the world. Sales volume in 2019 increased by 5 times compared to 2018. In 2020, Hoa Phat's color coated steel sheet continues to grow by nearly 150% over the same period. In September 2021, Ton Hoa Phat recorded consumption of 273,000 tons, 2.6 times higher than the same period in the year before.In 2017, Hoa Phat Group completed and put into operation Stage 1 - Hoa Phat Hung Yen mechanical manufacturing and Steel wire drawing factory with total area for rent up to 600ha, capacity to about 40,000 tons/year, contributing to completely replacing imported steel wire. In 2018, Hoa Phat invested in Stage 2 with equivalent capacity.Also in 2018, Hoa Phat continued to build a flange manufacturing factory for pre-stressed concrete piles located in Binh Duong. At the same time, another project to be promoted is Vietnam's first high-quality prestressed steel mill in Dung Quat Economic Zone, Quang Ngai with three main product lines: prestressed steel bars force (PC bar), prestressed steel cable (PC Strand) and prestressed steel wire (PC Wire). These products have many applications in large-scale infrastructure construction such as towers, viaducts, oversea bridges, skyscrapers, cable cars. Although newly launched in the market, the sale volume of wire-drawn, wire-plated and pre-stressed steel bars (PC Bar) in 2020 was very positive, reaching about 100,000 tons, doubling compared to 2019.Hoa Phat Group continued to expand its business strategy when investing in hot rolled coil (HRC) with a capacity of 3 million tons/year. Right at that moment, the number of domestic and international orders in the first quarter of 2021 exceeded 300% of Hoa Phat's production capacity. Hoa Phat Dung Quat Iron and Steel Production Complex in 2020 reached nearly 700,000 tons. The Group set a target of HRC output in 2021 of 2.7 million tons to meet the needs of steel pipe, galvanized steel and other mechanical engineering industries.Currently, Hoa Phat has developed two advanced iron and steel production complexes, Hai Duong and Dung Quat, and a steel-rolling complex in Hung Yen. Hoa Phat's total crude steel production outputs by 2020 reached 5.8 million, double that of the same period in 2019. From a steel billet mill using 300,000 tons/year electric furnace technology, Hoa Phat has improved its capacity production of crude steel up to 8 million tons/year in early 2021.3. Hoa Phat's export capacityHoa Phat made its first mark in history when exporting construction steel and billet reached nearly 2.3 million tons. In which, color coated corrugated iron products exported to the US market achieved the largest proportion of Hoa Phat's exports in 2021 with 1,622,118 tons of steel, equivalent to 45.78% of revenue; steel billet exports to China reached 786.317 tons of steel, equivalent to 22.19% of revenue; In addition, they have exported many rebar products, hot rolled coils,... to many other fastidious markets such as the United States, Canada, the EU, ASEAN,...Since 2020, thanks to the operation of Hoa Phat Dung Quat Iron and Steel Complex, the Group has made many breakthroughs and developments. Hoa Phat's steel production capacity from 300,000 tons/year in 2001 increased 28 times in 2021 with 8.5 million tons in the first quarter of 2021. The volume of exported finished steel products exceeds 1 million tons in 2021, 2 times higher than 2020. Hoa Phat's construction steel market share remains firmly at the top with 32.6%, helping Hoa Phat rise to become a leading manufacturing enterprise in Vietnam and Southeast Asia, equivalent to the top 50 largest crude steel producers globally (according to World Steel 2021).4. Hoa Phat's development orientation to 2025Hoa Phat Dung Quat Iron and Steel Complex Stage 2 started construction in May 2022, is expected to be completed and put into operation in 2024 with a total capacity of up to 5.6 million tons/year, total investment 85,000 billion VND. Basically, the project is over 70% completed with a system of mills:Iron and steel smelting plants, sintering plant and ore production factory, iron ore processing and lime production plants;Repair of electromechanical plantsSteel milling factoryThe project uses 450m3 blast furnace, cast iron, steel blast furnace, hot wind furnace, coal gas tank with a capacity of 50,000m3. Hoa Phat Dung Quat 2 is a synchronous and closed production line where the output materials of this factory are the input materials of other factories. This gives a proactive advantage to input materials, ensures quality control and synchronization, and optimizes the cost of finished products to compete in the market.Hoa Phat is affirming its No. 1 position in Vietnam's steel industry through its impressive production capacity and global distribution and export strategy. If you have any demand for importing high quality Vietnamese steel, please contact MRS Steel via 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.

Hot-rolled coil is known as an input material for the production of pipe steel, galvanized sheet, section steel,... but not all enterprises can produce this type of steel. Join MRS Steel to learn more about hot-rolled steel coil factories in Vietnam.Formosa Ha Tinh (FHS) - A pioneer in producing hot rolled steel coils in VietnamAs the enterprise with the highest FDI capital in Vietnam, Formosa Ha Tinh (FHS) is a pioneer in the production of hot-rolled coil in the Vietnamese market. On December 25, 2015, a hot-rolled coil product was launched, the first product produced in Vietnam. The introduction of hot-rolled coil is not only meaningful to Formosa Ha Tinh, but it also marks a strong transformation of Vietnam's steel industry.Formosa Ha Tinh is the most modern steel factory in Southeast Asia, with an output of 4 million tons of hot-rolled coil per year. Each hot-rolled coil produced goes through the stages of heating, roughing, finishing, and winding. Currently, Formosa is still the largest hot-rolled coil producer in Vietnam. With a wide range of products meeting international standards, Formosa Ha Tinh's hot-rolled coil not only meets domestic demand but also exports to other markets. Currently, Formosa Ha Tinh's products are present in advanced countries such as Italy, the USA, Spain, Mexico,... Formosa Ha Tinh uses the latest equipment and production techniques and, at the same time, adopts automated production equipment and computer-managed techniques to improve productivity and product quality.Hoa Phat - The leading bird in Vietnam's steel industryAlong with Formosa Ha Tinh, Hoa Phat is one of two enterprises that can produce hot-rolled coil in Vietnam. Hoa Phat Dung Quoc Steel launched the first batch of hot-rolled coil on May 2, 2020. This is an important milestone, making Hoa Phat the first Vietnamese enterprise to produce hot-rolled coil and affirming its position as the number one steel producer in Southeast Asia.Hoa Phat's hot-rolled coil production output is increasing with stable quality in SS400 steel grades according to JIS G3101-2017 (Japan) and SAE J403-14 (USA) standards. Hoa Phat Group provides 12 different grades of hot-rolled coil, meeting the diverse needs of the market. Besides meeting domestic partners and customers, Hoa Phat's hot-rolled coil has been exported to markets such as the US, Mexico, the EU, Malaysia,...Hot-rolled coil is also the most important highlight of Hoa Phat Dung Quoc, with a capacity of about 3 million tons per year. In 2022, Hoa Phat will conduct the Hoa Phat Dung Quoc 2 Project with a capacity of 5.6 million tons per year. It is expected that after completion in 2025, Hoa Phat's total hot-rolled coil capacity will reach 8.6 million tons per year. With this output, it is partly self-sufficient in domestic steel supplies.In order to increase output, improve quality, and expand the hot-rolled coil product range, Hoa Phat has upgraded and optimized the production line. Currently, Hoa Phat's hot-rolled coil is produced at the modern continuous rolling mill of Danieli Group Europe, and the products all meet many strict standards such as ASTM, JIS, MS, SAE, BS, EN,...After upgrading to steel grades SPHC, SPHD, SPHT1, and BJPC equivalent to SAE 1006, Hoa Phat can produce and roll to a minimum thickness of 1.20mm. Grade SPHT3, the BJPS equivalent to SS400, achieves the minimum thickness of 2.00mm. Marks S235JR and S275JR, when tested, met the standards of mechanical properties and improved product quality. The grade SPA-H used to make the container has good quality and stable production.In the above article, MRS Steel has given you basic information about two large hot-rolled coil manufacturers in Vietnam, Formosa Ha Tinh and Hoa Phat Dung Quoc. If you want to buy hot-rolled coil from these 2 factories, please contact us via WhatsApp (+84) 76 911 2358.

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!"

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.

Vietnam's steel industry is one of the country's most critical economic sectors, and foreign direct investment (FDI) plays a crucial role in its development. The three largest FDI enterprises in the industry are Formosa Ha Tinh, Posco Yamato Vina, and Pomina. These companies invest heavily in new production facilities, technology, and infrastructure, helping drive the industry's growth and competitiveness. 1. Formosa: receiving total FDI investment capital of USD 7,879,060,000 from TaiwanFormosa Steel Joint Stock Company (FHS) under Formosa Plastics Group of Taiwan is currently one of the largest FDI enterprises in Ha Tinh province. FHS was granted a construction permit on June 12, 2008. The Iron and Steel Complex investment project and Son Duong Deep-Water Port is one of Vietnam's most significant FDI projects, with a charter capital of 5.5 billion USD total investment capital of 12,787 billion USD.The project has a total area of 3,318 ha, of which the land area is 2,025 ha, and the water surface area is 1,293 ha. The company's principal shareholders include Taiwan (China) plastic manufacturing group Formosa Plastic, China Steel (CSC), and JFE Steel Company (Japan).In addition, Formosa also has many of the most significant FDI projects in the steel industry, such as the Vung Anh industrial park (Ha Tinh province), attracting 152 projects, including 56 foreign-invested projects (including 1 project investment in the form of BOT) with registered capital of more than 16 billion USD and 96 domestic investment projects with a registered capital of 55,234,020 billion dongs.2. Posco Yamato Vina: Received total FDI investment capital of USD 1,128,000,000 from KoreaPosco Yamato Vina Steel Joint Stock Company is a joint venture between Korea's Pohang Iron and Steel Company (51% stake) and Japan's Yamato Holdings (19% stake), specializing in the production of hot rolled section steel and sheet pile steel. In 2020, Posco Yamato was the first company to produce wide H-shaped steel in Vietnam. Currently, Posco is operating a steel mill in Ba Ria - Vung Tau with a capacity of 1 million tons per year and producing section steel with a capacity of 500,000 tons per year.By the end of 2022, Vietnam has attracted 142 countries and territories to invest, including South Korea leading the top 1 with a total registered capital of more than 81.3 billion USD with nearly 9,500 projects. Accordingly, Posco Yamato is a Korean FDI enterprise with a total investment capital of 1,128,000,000 USD and a charter capital is 451,000,000 USD.3. Pomina: sold 20% shares to Nansei Steel CompanyAt the 2023 General Meeting of Shareholders, Pomina (POM) announced strategic cooperation with Nansei Steel Company based in Chiba, Japan. Nansei invested in POM and became a strategic shareholder with a foreign ownership ratio below 65%.Viet Steel Manufacturing and Trading Co., Ltd is Pomina's largest shareholder, with an ownership rate of more than 53.3% of capital. If the cooperation "mission" between Pomina and Nansei Steel is successful, Nansei will become POM's second-largest shareholder, holding 20% of the shares, equivalent to 20 million USD.In the long run, the orientation of the business is to invest in depth towards sustainable development. With many years of industry experience, POM is one of the few manufacturers that owns the Consteel steelmaking technology chain, which is entirely closed and synchronous.FDI enterprises in the steel industry have many advantages in overcoming the world economic crisis and stabilizing production activities. This also brings "huge" investment capital into the technology chain system, improving product quality and opening export opportunities to many international markets.

Hoa Phat Group (HPG) is Southeast Asia's largest steel manufacturing corporation, with 8 million tons of crude steel/year capacity. Hoa Phat Group is and will implement many steel projects to improve production capacity and meet the requirements of strict export standards. In this article, MRS Steel will get deeper into the factories, blast furnaces, and electric furnaces that Hoa Phat has operated and is in the investment stage.1. Hoa Phat Dung Quat Quang Ngai Steel MillHoa Phat Dung Quat Steel Mill was constructed in February 2017 with a total charter capital of about VND 30,000 billion. This is one of the critical factories of Hoa Phat Group, playing the role of a "leader" in supplying materials for domestic needs and exporting to foreign markets, helping HPG maintain its digital market share position 1st in Vietnam.According to statistics, the production output of Hoa Phat Dung Quat is about 4 million tons of steel per year, with the leading products being construction steel, hot-rolled steel, cold-rolled steel,... To ensure optimum production capacity, Hoa Phat has continuously applied the latest technology and modern facilities, such as closed blast furnaces and deep-water seaport systems,... Thereby helping to optimize cost, production, and transportation time is environmentally friendly and does not emit exhaust gasses and heat directly to the outside.2. Hoa Phat Hung Yen Steel FactoryHoa Phat Hung Yen Mill was separated from Hoa Phat Group Joint Stock Company in November 2020 and is located in Pho Noi A Industrial Park, Hung Yen province, with a capacity of about 400,000 tons/year. The factory invested 13 million USD according to the latest technology of Danieli (Italy), mainly producing products such as reinforced concrete, coil steel, barbed wire, rebar, CRC,...3. Hoa Phat Hai Duong Steel FactoryHoa Phat Hai Duong Steel Plant was the first project of HPG, started construction in August 2007, and has the largest capacity of all the projects in operation. The project was divided into 2 phases, with a capacity of 350,000 tons of steel per year (in 2010) and 500,000 tons of steel per year (in 2013). As of 2021, the factory's total capacity reached 2.2 million tons of steel/year. Thanks to the use of energy reuse technology, the Hai Duong factory has self-control of nearly 50% of the electricity to operate the entire production system.4. Blast furnace system, Hoa Phat electric furnaceHoa Phat currently has a total of 7 steel blast furnaces, including 4 at Hoa Phat Dung Quat Mill and 3 at Hai Duong Mill. In addition, Hoa Phat is operating an electric furnace in Hung Yen, specializing in producing steel from scrap with a capacity of 400,000 tons/year.Vietnam has used closed-loop blast furnace technology from iron ore to finished products with the highly automated operating mode of SMS group (Germany). Therefore, the reaction process in the furnace occurs faster and more efficiently and removes impurities better.5. The Hoa Phat Dung Quat 2 project is expected to be completed in the first quarter of 2025Hoa Phat Dung Quat 2 Iron and Steel Production Complex Project is invested and built in the Dung Quat Economic Zone with a designed capacity of 5.6 million tons of flat steel/year, 5.6 million tons of HRC/year, and a total investment of about approximate 85,000 billion VND. This is one of Hoa Phat's key projects, promising that when completed, the total annual HRC capacity will reach 8.6 million tons and crude steel capacity of more than 14 million tons by 2025. The factory was started in May 2022 and is expected to be completed in the first quarter of 2025.In 2023, Hoa Phat continues to promote large-scale projects such as Hoa Phat Dung Quat 3 Iron and Steel Production Complex (312 hectares), capacity of about 5.6 million tons/; Iron alloy Ferro project (300 hectares); investment in an industrial park (800 hectares); Port system and logistics area serving Complex 3 and satellite projects (113.5 hectares)...6. MRS Steel - reputable and quality supplier of Hoa Phat steelMRS Steel is a long-time partner in sourcing and importing Hoa Phat steel products to many markets such as the US, EU, UK, Japan,... Instead of spending a lot of time and money searching about the Vietnamese steel market, policies, procedures, and import processes, many customers have chosen MRS Steel as a quick, quality steel import solution.MRS Steel uses its extensive network of connections to provide the best steel products at competitive prices. We also ensure our products meet the necessary international standards, ensuring the highest levels of safety and durability. For any quotation or consultation needs, please contact us via Whatsapp: +84 76 911 2358 for the fastest support.

With its colossal steel production capacity, China dominates the world steel market with more than 50% of global steel production. As the country with the most developed steel industry, many of the world's leading steel manufacturing enterprises are Chinese enterprises. Let's look at the top 5 largest steel manufacturers in China in 2024 with MRS Steel.Baosteel Group Corporation - The world's leading steel manufacturersBaosteel, also known as Baowu Steel, was founded in 1978 and is headquartered in Pudong, Shanghai. After more than 30 years of development, Baosteel has become one of the world's leading steel manufacturers with the world's leading competitiveness and advanced level of manufacturing industry... With over 130,000 employees, Baosteel focuses on producing three main product groups: carbon steel, stainless steel, and special steel. Baosteel's products meet domestic demand and are now exported to over 40 countries and territories. Baosteel's products are widely applied to many industries, such as automobiles, household appliances, machinery, energy,...Hebei Iron and Steel GroupHesteel Iron and Steel Group (also known as HBIS) was founded in 2008 and is headquartered in Shijiazhuang, Hebei, China. With a capacity of 30 million tons per year, it is one of the major steel manufacturers in China. With outstanding competitiveness and production ability, HBIS is the world's third-largest steel producer after over 10 years of operation. HBIS mainly produces wire rods, cold-rolled plates, hot-rolled steel, bars, hot-rolled plates, vanadium oxide, galvanized plates, welded pipes, and other products based on the requirements. HBIS is also the world's second-largest producer of vanadium-titanium materials and a pioneer in ocean and steel engineering for bridge construction.Jiangsu Shagang Group Company LimitedJiangsu Shagang is one of China's top 5 steel manufacturers, established in 1975. After nearly 50 years of operation, Jiangsu Shagang has more than 45,000 employees. It produces about 18 million tons/year, and the main product line consists of rebar, wire rod, plate, and hot rolled coil. In addition, Jiangsu Shagang also manufactures stainless steel and galvanized steel sheets. Together with Baosteel and HBIS, Jiangsu Shagang also became the world's 4th largest steelmaking enterprise, contributing to the development of China's steel industry.Angang Steel Company LimitedAngang Steel was merged into two companies, Anshan Iron and Steel Group and Pangpang Group Co., Ltd., in May 2010. Angang Steel is a state-owned steel producer under the supervision of the State Council of the People's Republic of China. It is also the second-largest steel manufacturer in China. Angang Steel's main products are billet, cold-rolled plate, color-painted plate, coil, thick plate, and heavy rail. With regular maintenance and modern equipment, Angang always produces high-quality products. Until now, Angang's products have been exported to more than 60 countries and regions worldwide.Shougang Group Company Limited - China's oldest steel manufacturersShougang Steel Manufacturers was founded in 1919 and is headquartered in Beijing. Shougang represents the epitome of China's iron and steel industry. Shougang has developed into a large, cross-industry, transnational corporation but still takes the steel industry as its primary industry. Since 2014, Shougang has deepened reform and entered the stage of comprehensive development. The company's products are mainly auto sheet, electric steel, and tin plate. After 100 years of establishment and development, Shougang's products are not only favored by the domestic market but also by the foreign market.Above is a list of five major steel factories in China in 2024. Hopefully, this list will be a valuable reference for those who require information about Chinese steel manufacturers. This list will still be updated continuously, so do not forget to follow MRS Steel to receive many other new and valuable pieces of information.