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The steel industry in Vietnam currently comprises over 300 specialized businesses engaged in steel production and trade. If you are looking to import steel products from Vietnam, let's explore the top 10 largest steel mills in Vietnam together with MRS Steel.Hoa Phat Group Hoa 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 TinhFormosa Ha Tinh Steel 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 GroupEstablished 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.

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.