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

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

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

Mexico is a country with a growing manufacturing industry, particularly in the automotive, construction and machinery sectors. As such, there's a significant demand for steel. According to Statista's report, in 2022, Mexico imported approximately 10.64 million tons of various finished steel products. This trend is projected to continue due to the stabilization and recovery of the global economy. Many Mexican companies have chosen to import steel from Vietnam as a trustworthy and quality source. Let's explore with MRS Steel the reasons why Mexico should consider importing steel from Vietnam.1. Overview of Mexico's Steel MarketAccording to the Association for Iron & Steel Technology, Mexico's steel production may reach 19.5 million tons in 2023, marking a 7.1% increase. Leading steel companies in Mexico include Altos Hornos de México (AHMSA), Ternium México, and Deacero, which specialize in products like stainless steel, cold-rolled steel, hot-rolled steel, and construction steel, greatly influencing the diversity and quality of steel in the Mexican market. However, due to various reasons such as market fluctuations, consumption demand, production capacity, or production costs, companies have to seek additional steel supplies from abroad, including Vietnam.2. Should Mexico Import Steel from Vietnam?Vietnam is a familiar and preferred steel import market for Mexican customers because of the following substantial advantages:Competitive PricingVietnam offers more competitive steel prices compared to many other countries due to its low production costs and large production scale. Rich in natural resources and minerals, Vietnam always has an abundant supply of raw materials. The country's cheap labor also provides an optimal condition to minimize costs.Consistent QualityIn recent years, Vietnam has consistently invested in advanced manufacturing technology, directly importing from the world's largest metallurgical equipment brands such as Danieli and Tennova. FDI-funded projects and steel mills enhance production capacity, catering to both domestic and international demands. Today, Vietnamese steel products meet the quality standards of demanding markets like the USA, Europe, Australia, and Japan,...Favorable Trade RelationshipsBoth Vietnam and Mexico are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This membership promotes positive trade relations, with Vietnam benefiting from a 0% tariff rate for many steel products, including flat-rolled, galvanized, plated, and coated steel when exported to Mexico.Rational Trade Defense MeasuresMexico has implemented numerous trade defense measures against steel imports to prevent dumping. The International Trade Practices Unit (UPCI) of Mexico's Ministry of Economy imposed anti-dumping duties on steel products from countries like China, Taiwan, France, and Germany, with rates as high as 78.96%. Investigations against galvanized and color-coated steel products from Vietnam began in August 2021. However, thanks to the efforts of the Vietnamese government, Mexican importers enjoy much lower anti-dumping duties compared to other countries, with rates ranging from 0-12.34% (effective from September 14, 2022).Advantages in Shipping ProcessVietnam's strategic location with over 3,200 km of coastline enables direct shipping to many countries without transit. The country is investing in building major ports to enhance cargo handling capacity and reduce waiting times. Numerous direct sea routes between Vietnam and Mexico, coupled with free trade agreements with various countries and regions, minimize trade barriers and bolster maritime transport relations. Thus, steel orders from Vietnam to Mexico are promptly delivered at optimized costs.3. Reputable and Quality Suppliers of Vietnamese SteelWhile Vietnamese steel is known for its quality and affordability, to find a reputable and quality source, customer must understand the domestic market and manufacturing mills. To save time and cost in sourcing, many importers have approached MRS Steel for A-Z assistance.With over 12 years of experience, MRS Steel specializes in sourcing steel exports to numerous countries. Their vast network includes the largest steel producers in Vietnam, enabling customers to access the most suitable products. Moreover, MRS Steel's experienced team collaborates with factories, customs, shipping entities, and other stakeholders, ensuring a smooth and easy steel import process from Vietnam.In conclusion, MRS Steel has highlighted why Mexico should consider importing steel from Vietnam, as it's an ideal choice for affordable, high-quality, and diverse steel products. For any steel import quotations, Mexican clients are welcome to contact vanloc@mrssteel.com.vn for the best assistance.