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Brazil recently launched an anti-dumping investigation into pre-painted steel products from China and India, as its actions are believed to be an attempt to protect its domestic steel industry from unfair competition.Join AG真人游戏 Steel to learn more about the incident by reading the article below.Brazil investigates anti-dumping of pre-painted steel from China and IndiaKey points of the issueCause of the incident: There have been allegations that pre-painted steel imported from China and India is being sold at prices lower than its actual value, putting pressure on domestic manufacturers and threatening the survival of the domestic steel industry.Countermeasures: Brazil鈥檚 Foreign Trade Department (SECEX) has received a request and initiated an anti-dumping investigation into pre-painted steel products from China and India. The investigation was requested by domestic steel producers CSN and Tekno Industry and Trade. Accordingly, Brazil steel producers have asked the government to impose tariffs on imported steel products. The total amount of steel and iron imported from China increased from $1.6 billion in 2014 to $2.7 billion last year. According to domestic producers, in the first eight months of this year, Brazil imported more than 148,000 tons from China and over 5,000 tons from India. The large volume of steel imports from China and India has made the business situation of domestic enterprises difficult. Therefore, the Brazilian Federal Government has conducted an investigation and will reach a conclusion regarding the imposition of anti-dumping duties on pre-coated steel products imported from these two countries. This tax is intended to regulate prices and protect the domestic market.Chinese and Indian exporters react: Chinese and Indian manufacturers and governments have protested against the measures, arguing that they are unfair and detrimental to free trade. They may also file complaints with international trade organizations such as the WTO.Impact of the event: With the investigation and the imposition of anti-dumping duties on pre-painted steel products from the world's two largest steel-producing countries, China and India, this could escalate trade tensions between these countries and Brazil, affecting global steel prices and supplies.The surge in steel imports is a particularly challenging problem for the Federal government of Brazil. Brazil鈥檚 measures come as the world braces for an increase in exports from China, as the world鈥檚 largest steel industry struggles with excess capacity amid a slowing real estate sector and weak domestic demand.Imported galvanized steel products are considered unfair competition to domestic productsWhat are the opportunities for Vietnam's steel industry?When Brazil conducts anti-dumping investigations into pre-painted steel from China and India, what opportunities will arise for Vietnam's steel industry?Increasing exports: With the anti-dumping investigation, the Brazil market may seek alternative sources of supply. This presents an opportunity for the Vietnamese steel industry to export products to this potential market.Promoting domestic production: With the opportunity to export to Brazil, this also presents a chance for the Vietnamese steel industry to boost domestic production to ensure a stable supply for export.The article on AG真人游戏 Steel has provided you with information about Brazil's anti-dumping investigation into pre-painted steel products from China and India. If you have any questions, please feel free to contact us for answers. 

U.S initiated an anti-dumping investigation into imports of corrosion-resistant flat products (CORE) from ten countries, including Vietnam.Several major American steel manufacturers, including Steel Dynamics, Nucor Corporation and U.S. Steel, have formally petitioned the U.S. Department of Commerce (DOC) and the International Trade Commission (ITC) to launch an anti-dumping investigation into imports of corrosion-resistant flat products (CORE).These products, which include a range of steel materials used widely in construction, automotive manufacturing and other critical industries, are being imported from 10 countries at prices the petitioners allege are unfairly low. The countries identified in the petition are Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates (UAE) and Vietnam.U.S. probes CORE imports from 10 countries, including VietnamThe complainants argue that imports from these countries have caused substantial damage to the U.S. domestic industry and that the situation will worsen if no action is taken. Additionally, investments by producers in these countries to increase galvanized steel production capacity have raised concerns about the potential for increased exports to the United States.Barry T. Schneider, President and COO of Steel Dynamics, stated, "Between the first half of 2023 and the first half of 2024, CORE imports from the ten subject countries increased from less than 1.25 million tons to almost 2 million tons, a significant increase of 57%. The surge in unfair CORE imports has had a substantial negative impact on the volumes, prices and profitability of the domestic steel industry, necessitating these cases."The products in question fall under the following Harmonized Tariff Schedule of the United States (HTSUS) codes: 7210.30.0030, 7210.30.0060, 7210.41.0000, 7210.49.0030, 7210.49.0040, 7210.49.0045, 7210.49.0091, 7210.49.0095, 7210.61.0000, 7210.69.0000, 7210.70.6030, 7210.70.6060, 7210.70.6090, 7210.90.6000, 7210.90.9000, 7212.20.0000, 7212.30.1030, 7212.30.1090, 7212.30.3000, 7212.30.5000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7212.60.0000, 7225.91.0000, 7225.92.0000, 7226.99.0110, and 7226.99.0130.In July of this year, the Steel Manufacturers Association (SMA) and six other industry groups urged the House of Representatives to include the Playing Field 2.0 Act in the upcoming legislative package aimed at protecting the United States from unfair trade practices by China.The petition underscores the necessity of implementing measures to safeguard the domestic steel industry from the increasing influx of imported steel products, ensuring fairness and sustainability for U.S. steel producers.The official announcement regarding this anti-dumping investigation has not yet been released. Readers are encouraged to follow AG真人游戏 Steel for the latest updates on developments in the international and Vietnamese steel markets. 

Canada has imposed temporary anti-dumping duties ranging from 6.1% to 38.9% on wire rods imports from Vietnam, which are lower than those imposed on China and Egypt.Recently, the Canada Border Services Agency (CBSA) released a preliminary conclusion on its investigation into anti-dumping measures on wire rod products originating from China, Egypt and Vietnam. According to the conclusion, the temporary anti-dumping duties for Vietnamese companies range from 6.1% to 38.9%, the lowest compared to the rates imposed on Chinese companies (50.9% - 71.1%) and Egyptian companies (49.7% - 99.8%).Canada imposes lower anti-dumping duties on Vietnam wire rods importsCanada's anti-dumping investigation on steel wire rods from three countriesThe CBSA stated that the essential information used to make the decision would be published within the next 15 days and posted on their official website. During this period, the CBSA will continue its investigation and is expected to issue a final conclusion on September 4, 2024.This investigation began on March 8, 2024, to determine whether the import of wire rod products from China, Vietnam and Egypt has caused damage to the Canadian steel industry. The wire rod products under investigation fall under HS codes: 7213.91.00.42, 7213.91.00.43, 7213.91.00.49, 7213.91.00.50, 7213.91.00.60, 7213.91.00.70, 7213.99.00.11, 7213.99.00.12, 7213.99.00.31, 7213.99.00.32, 7213.99.00.51, 7213.99.00.52, 7227.20.00.20, 7227.20.00.90, 7227.90.00.60, 7227.90.00.70, 7227.90.00.81, 7227.90.00.82, 7227.90.00.83.CBSA continues steel wire rods dumping probe, final decision due September 4Final determination and impact on Vietnamese companiesOn September 4, 2024, the CBSA issued a final determination on the anti-dumping duties for the involved countries. Specifically, the duty rates for Vietnamese companies such as Hoa Phat Dung Quat Steel are 17.7% and Hoa Phat Hai Duong Steel is 13.5%. In contrast, the rates for Chinese and Egyptian companies remain significantly higher. For example, Chinese company Jiangsu Shagang faces a 34.0% duty, while other Chinese companies are subject to 46.2%. Egyptian company Suez Steel faces an 8.6% duty, while other Egyptian companies are subject to 21.3%.CBSA sets final anti-dumping rates with Vietnam lower than othersNext steps for Canada and VietnamThe Canadian International Trade Tribunal (CITT) continues to investigate whether these imports have caused significant damage to Canada's domestic industry and will issue a conclusion by October 4, 2024. If the CITT does not find any evidence of injury, the case will be dismissed.Given this situation, the Trade Remedies Authority of Vietnam recommends that exporting companies register as parties involved in the case to receive necessary information and respond within the stipulated timeframe. Businesses are also advised to closely coordinate with the trade remedies authority to receive timely support and protect their interests.According to statistics from Trademap, Vietnam's export turnover of wire rod products to Canada has increased significantly in recent years, from USD 10 million in 2020 to USD 21 million in 2021, reaching approximately USD 40 million in 2022. This growth demonstrates the competitiveness of Vietnam's steel industry while posing significant challenges in dealing with increasingly strict trade remedy measures from Canada.As Canada intensifies its monitoring and regulation of steel imports to protect its domestic market, it is expected that further investigations and anti-dumping duties will be imposed on other steel products from Vietnam in the near future. Follow AG真人游戏 Steel for the latest news on the steel market in Vietnam and worldwide.

The Indian government will need to carefully consider the interests of all stakeholders before making a final decision on imposing anti-dumping duties on HRC steel imports from Vietnam.The recent anti-dumping investigation into Vietnamese HRC imports has been met with strong opposition from the Indian steel user community. They fear that the imposition of such duties could lead to higher steel prices, negatively impacting industries that depend on steel, such as automotive parts, agricultural tools,...Balancing trade protection and steel user interests in India's HRC probeAccording to Upkar Singh Ahuja, President of the Chamber of Industrial and Commercial Undertakings (CICU) in Punjab, "We do not want anti-dumping duties applied." He argues that imposing these duties would create a financial burden on SMEs, raising input costs and reducing their competitiveness. Some industrialists oppose the anti-dumping duties on Vietnamese HRC, concerned that large steel corporations in India might gain monopolistic control over the market by raising prices unreasonably.Akash Bassi, Vice President of CICU, also emphasized that anti-dumping measures could hinder free trade, create trade conflicts and disrupt supply chains. Other industry representatives, such as Honey Sethi and Rajnish Ahuja, also noted that the steel industry is currently profitable, the additional duties are unnecessary and could threaten the sustainability of SMEs.India's anti-dumping investigation into HRC imports from Vietnam is generating mixed opinions within the industry. While some large producers support the duties to protect their interests, many SMEs are concerned that this will increase production costs, reduce competitiveness and harm the local economy. The Indian government will need to carefully weigh the interests of all parties involved before making a final decision on imposing these anti-dumping duties.

On August 14, 2024, the Directorate General of Trade Remedies (DGTR) in India officially initiated an anti-dumping investigation into imported Vietnamese HRC steel.According to AG真人游戏 Steel, this investigation was launched at the request of the Indian Steel Association, which represents two major steel producers: JSW Steel Limited and ArcelorMittal Nippon Steel India Limited.India launches anti-dumping investigation into Vietnamese HRC steel importsWhich Vietnamese HRC products are under investigation?The investigation targets HRC products, both alloyed and non-alloyed, not clad, not plated or coated, with a thickness of up to 25mm and a width of up to 2100mm. These products fall under HS codes 7208, 7211, 7225 and 7226. The investigation will focus on the period from January 1, 2023, to March 31, 2024, with damage assessments covering the years from 2020 to 2023.Vietnamese steel alleged to be dumpedIndian steel producers allege that Vietnamese HRC is being imported into India at "dumping prices," causing significant harm to the domestic steel industry. They argue that there are no substantial differences in the physical and chemical properties, production process, technology, functionality or usage between their products and the imported steel from Vietnam.To counter the threat of cheap imports, they have proposed the implementation of anti-dumping duties on HRC imports from Vietnam to safeguard their domestic industry.Indian steelmakers push for anti-dumping duties on Vietnamese HRC importsImpact on the global steel marketThis investigation by India could have wide-reaching implications for the global steel market, particularly for Vietnam, which is among the top 5 steel exporters to India. According to BigMint research, during the fiscal year 2023-2024, India imported 3.55 million tons of HRC and plate steel, of which 620,000 tons (nearly 20%) were from Vietnam. This figure represents a threefold increase compared to the 22,000 tons imported in the fiscal year 2022-2023.Vietnam's steel exports to India triple, facing Indian market scrutinyResponse from VietnamTo respond to this investigation, the Vietnam Trade Remedies Authority has urged domestic businesses to actively cooperate with DGTR by providing comprehensive and accurate information. Additionally, businesses are advised to proactively request relevant information from DGTR to protect their interests in the investigation.As India initiates an anti-dumping investigation into Vietnamese HRC steel, the outcome could have a profound impact on trade relations and reshape the global steel market dynamics. Vietnamese steel producers must stay vigilant, actively participate in the investigation process, and defend their interests. Stay updated on the developments of this case to understand its full implication.

The situation of Vietnam's steel industry in the first 6 months of 2024 is showing positive signs when consumption output shows signs of good growth.To know more about Vietnam's steel industry, please follow the article below with AG真人游戏 Steel.Vietnam's steel industry is showing positive signsBright spots from the domestic steel marketAccording to the report of the Vietnam Steel Association (VSA), in the first 6 months of 2024, finished steel production increased by 10.1% over the same period last year to 14.427 million tons. In addition, sales reached 14.274 million tons, up 14.4% over the same period in 2023. In particular, export output reached 4.216 million tons, up 8.6% over the same period in 2023.Since the beginning of the year, the steel industry has benefited greatly from increased domestic consumption due to the recovery of the real estate market. In addition, the Government is making efforts to promote disbursement and speed up the progress of key projects. This is a bright spot for the recovery of the steel industry.According to the financial report, the highest profit continues to be Hoa Phat Group Joint Stock Company when it achieved a net profit in the second quarter of 2024 of nearly 3,320 billion VND, an increase of 127% over the same period. In the first 6 months of 2024, Hoa Phat recorded a profit after tax of nearly 6,189 billion VND, nearly 3.4 times higher than the same period last year. In the first 5 months of 2024, Vietnam exported about 5.505 million tons of steel, an increase of 25.61% over the same period last year. The export value reached 4.041 billion USD, an increase of 17.19% over the same period in 2023. This is a signal reflecting the recovery of the export market in the last months of 2024 and early 2025.The domestic steel market is gradually recoveringChallenges from trade defenseCurrently, trade defense is one of the major challenges for steel manufacturing enterprises. Recently, the EU has also initiated an investigation into HRC from Vietnam. This requires enterprises to have effective calculations and business strategies, especially to comply with regulations and proactively coordinate in issues related to trade defense.In addition, at the end of July 2024, the Ministry of Industry and Trade decided to investigate and apply anti-dumping measures on some HRC steel products originating from India and China. This decision is beneficial for domestic HRC producers but disadvantageous for many businesses that depend on imported HRC sources. For example, Hoa Phat is focusing on putting the Hoa Phat Dung Quat 2 Iron and Steel Production Complex into operation with the expectation of producing 5.6 million tons of HRC steel per year, bringing Hoa Phat's total crude steel production capacity to over 14 million tons/year.AG真人游戏 Steel has provided you with the latest information about the Vietnamese steel industry. Hopefully, it will help your operations in the near future. If you have a need to buy Vietnamese steel products, please contact us via this form.

The Vietnam steel export report for the first six months of 2024 shows an impressive recovery in the steel industry, with 6.49 million tons exported, generating nearly $4.78 billion. The U.S. accounted for the largest market share with 14.5% of total exports, followed by Italy and Cambodia. With the potential for export growth in the second half of 2024 and the 2025-2027 period, Vietnam鈥檚 steel industry is expected to continue conquering international markets, leveraging its competitive production costs and stable product quality.The Vietnamese steel industry shines globally: 6.49 million tons exported in H1 2024, with the U.S. leading the wayEconomic and social situation in June and H1 2024In June and H1 2024, the economic and social situation continued its positive trend, with many sectors achieving better results than in May and the same period in 2023. The construction sector increased by 7.34%, the highest growth compared to the same period in the years 2020-2024. However, the growth of the steel industry has not been stable, with production and sales of steel products indicating that domestic demand has not fully recovered.Steel production and sales situationJune 2024Vietnamese crude steel production reached 878,343 tons, down slightly by 0.4% m/m but up 27.4% y/y. Finished steel production reached 2.463 million tons, down 4.95% m/m but up 22.4% y/y. Construction steel, HRC, galvanized steel and steel pipes maintained high growth rates, while cold rolled coil (CRC) production decreased by 10.5%.Finished steel sales reached 2.362 million tons, down 7.53% m/m but up 9.3% y/y. Finished steel exports reached over 662,000 tons, up 10.9% m/m but down 8.9% y/y.First six months of 2024Finished steel production reached 14.427 million tons, up 10.1% y/y. Finished steel sales reached 14.274 million tons, up 14.4% y/y, with exports reaching 4.216 million tons, up 8.6% y/y.Steel import and export situationImportsVietnam imported 1.547 million tons of steel in May 2024, up 20.57% m/ and up 84.72% y/y. In the first five months of 2024, Vietnam imported 6.919 million tons of steel with a value of over $5.015 billion, up 50.21% in volume and up 27.47% in value compared to the same period in 2023.ExportsIn May 2024, Vietnam exported 1.117 million tons of steel, up slightly by 0.78% m/m but down 1.37% y/y. The export value reached more than $797 million, down 4.53% m/m and down 14.36% y/y.Top 3 largest export market share in the first 6 months of 2024In H1 2024, Vietnam exported 6.49 million tons of steel, earning nearly $4.78 billion at an average price of $735.8/ton. The U.S. was the largest market, accounting for 14.5% of total volume and 16.5% of total export value, followed by Italy and Cambodia.Export volume Vietnamese types of steel in the first 6 months of 2024Market assessment and forecast for Vietnamese steelThe Vietnamese steel market in H1 2024 has shown positive signs of recovery, with prospects for further export growth in the second half of 2024 and the 2025-2027 period. According to the WSA report, global steel demand is expected to grow slightly in 2024 and 2025, with an average annual growth rate of 2.3%. As one of the largest steel producers in Southeast Asia, Vietnam will continue to benefit from this trend. OECD Steel Market Developments also indicates that steel prices may continue to fluctuate due to changes in raw material supply and protectionist measures from major economies. However, Vietnam has the advantage of competitive production costs and stable product quality, and it will continue to be a major steel supplier to the international market.Top countries importing Vietnamese GI in the first 6 months in 2024In addition, favorable international trade and tariff policies from the U.S. and EU will also be key factors influencing Vietnam's steel exports. Starting August 1, 2024, Chinese steel exports to the U.S. are subject to a tax rate of up to 50%, while Vietnamese steel only faces a 25% tariff under Section 232, making Vietnamese steel a more optimal choice for U.S. importers.For the latest updates on the steel market and Vietnamese steel import-export situation, customers can contact AG真人游戏 Steel via WhatsApp: +84 769 112 358 or Email: [email protected] for 24/7 support.

What is C/O (certificate of origin)? What role does this paper play in import and export activities? These are questions that many people ask when they first learn about this type of documentAll contents about the certificate of origin (C/O) will be answered by AG真人游戏 Steel in the article below. We invite you to read along.What is C/O? Let's find out in the article belowWhat is a certificate of origin?To help you better understand what is a certificate of origin? Please read the section below.Definition of a certificate of originWhat is C/O? This is a question many people ask when conducting import/export activities for the first time. A certificate of origin is a document that shows which country the goods were produced in. The C/O contains information related to the product and the country exporting the goods. Normally, a C/O will be issued by the competent authority of the exporting country for the exported goods of that country. C/O must also comply with all regulations of the exporting and importing countries regarding rules of origin.The main purpose of the certificate of origin is to prove that the goods have a clear origin and are legal in terms of the tariff regulations of both exporting and importing countries. A C/O is also an important document to determine whether the goods are eligible for import or whether they are taxable or not.What's included in a certificate of origin?If you already know what a certificate of origin is, let's next find out what the certificate of origin includes.Certificates of origin help provide us with the origin of goods produced in a certain territory or country. Normally, on the certificate of origin, there will be all the following information:The contact information of the parties includes the name and address of the manufacturer, exporter, or importer.Information about the type of goods: product name, quantity, size, weight,...Information about the means of transporting the goods, place of loading and unloading of goods, bill of lading,...Commercial invoiceInformation required on the certificate of originClassification of types of certificates of originCurrently, certificates of origin are divided into two main types: non-preferential certificates of origin and preferential certificates of origin.Non-preferential rules of originA non-preferential rule of origin is a regular certificate of origin; a non-preferential rule of origin indicates that the exported goods are not eligible for preferential duty rates under trade agreements between countries. In other words, non-preferential rules of origin do not have the function of reducing duty rates or import duties on goods; they only have the role of certifying the origin of this type of goods.C/O form B is a non-preferential C/OPreferential rules of originPreferential rules of origin are certificates of origin issued for goods from countries with free trade agreements, through which orders will be reduced or exempted from taxes to countries with policies of this exclusive offer. For example: Generalized Preferential Tariffs (GSP), Commonwealth Certificate of Preferences (CPC), Common Effective Tariff Preferentials (CEPT), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP),...C/O form D issued by the Ministry of Industry and Trade (Vietnam) enjoys preferential tariffsImportance of Certificates of OriginDo you clearly understand what is C/O? Next, join AG真人游戏 Steel to learn about the importance of a certificate of origin.Enjoy duty incentives: A certificate of origin is an extremely important document that helps determine the origin of goods and determine whether these goods receive duty incentives or not. A valid certificate of origin will help businesses significantly reduce the amount of import duty they have to pay for their products.Avoiding trade defense measures: In cases where one country's goods are dumped in another country's market, a certificate of origin helps determine the origin, making anti-dumping and anti-dumping actions necessary. The application of anti-subsidy duties becomes more available.Determining import standards: For some products, the certificate of origin will determine whether that country's goods are eligible to be imported into another country or not.C/O is an important document that helps reduce dutiesAG真人游戏 Steel - The steel supplier has a certificate of originAG真人游戏 Steel is one of the leading reputable steel exporters in Vietnam. We are an important partner of many big brands such as Hoa Phat, Hoa Sen, Ton Dong A,... All steel products provided by AG真人游戏 Steel have a certificate of origin accompanying them. An extremely reasonable price compared to the market.Currently, AG真人游戏 Steel specializes in providing steel products to countries such as Mexico, Australia, Malaysia, Indonesia,... If you need to import Vietnamese steel products, please contact us via WhatsApp at +84 76 911 2358 or via email at [email protected]真人游戏 Steel has helped you better understand what is C/O? Hopefully, the above article has helped you get a better overview of the certificate of origin as well as its importance for import and export activities. Follow AG真人游戏 Steel for more useful information about the steel industry.

Vietnam's steel industry is increasingly developing, leading to the appearance of new steel factories. One of the steel factories that has made positive contributions to the development of Vietnam's steel industry is Ngoc Minh Steel.Although just established, Ngoc Minh Steel's contributions to Vietnam's steel industry are extremely necessary. The article below about AG真人游戏 Steel will help you learn more about this steel manufacturer.Hot-dipped galvanized steel wire and black galvanized steel wireOverview of Ngoc Minh SteelNgoc Minh Steel is one of the units specializing in providing large steel wire products in the Vietnamese market. After 15 years of construction and development, Ngoc Minh Steel brand has now reached high-rise construction projects, hospitals, schools,... all over the country. With relentless efforts to meet domestic and export needs, Ngoc Minh's products are now available in Cambodia, Laos, Thailand, Taiwan,...Ngoc Minh Steel's products are manufactured using modern technologies and production lines with top-quality input materials. Currently, Ngoc Minh Steel's products are manufactured based on quality standards, including TCVN 2053 - 93, BS 443 - 1982, ASTM A 641, EN 10244 - 2:2001 and JIS G 3547.With the motto "Prestige creates sustainable value"  Ngoc Minh Steel is committed to providing customers with the best products, the most attentive care policy and the most competitive prices.Official logo of Ngoc Minh SteelThe main productsWith the orientation of becoming one of the leading steel wire manufacturers in Vietnam. Therefore, Ngoc Minh Steel's main production product is steel wire. Among them, the two main products are hot-dipped galvanized steel wire and black steel wire.Hot dipped galvanized steel wireHot-dip galvanized steel wire is one of the key production products of Ngoc Minh Steel. Hot-dip galvanized steel wire is a product made from low-carbon steel wire that goes through the process of wire drawing, rust removal, galvanization and the finished product.Hot-dip galvanized steel wire is more resistant to corrosion and rust than other types of zinc wire. The surface of the galvanized steel wire is smooth, shiny, and clean. The steel wire is also sturdy and durable, and it has a lifespan of up to 30 years if used in normal environments.Hot-dip galvanized steel wire is often widely used in the construction industry, during the construction of agricultural, forestry, and fishery projects, and used as handicrafts. It is an essential construction material in connecting structures in infrastructure, reinforcing houses, apartments, swimming pools,...Nominal diameter(mm)TensileStrength(Mpa) Zinc thickness(g/m2)Zinc thicknessg/m2)Tolerance(mm)Zinc mass(g/m2) Tolerance(mm)Zinc mass(g/m2) 1.6 - 2.0  450 - 550  卤 0.0540 - 70  卤 0.05150 - 3662.0 - 2.445 - 70150 - 3662.5 - 3.045 - 80150 - 3503.0 - 4.045 - 90150 - 350We can produce high quality products as customer鈥檚 requirementHot dipped galvanized steel wire gauge tableBlack steel wireAlong with hot-dip galvanized steel wire, black steel wire is one of the two main types of products that Ngoc Minh Steel produces. Black steel wire is a fibrous product with a circular cross section. The product has a diameter ranging from 1 mm to 5 mm  after being drawn from carbon steel wire with a larger diameter. Therefore, black steel wire is also known as construction steel coils (桅6, 桅8, 桅10). Black steel wire is produced using a specialized spinning machine, undergoing a continuous drawing process to produce good-quality products that meet all project requirements.Black wire steel has soft, flexible, and malleable properties, so it is often widely used in today's world. Currently, black steel wire is used to tie shapes in construction projects. In addition, they are also used to produce various types of steel mesh, such as welded wire mesh, B40 steel mesh,...Steel wire diameter after drawing From 1.0 mm to 5.0 mmTensile strength 300N/m2 - 450N/m2Elongations 8 - 15%Common technical data table for black steel wireAG真人游戏 Steel - Vietnam's No. 1 steel wire export partnerAs we know, the role of steel wire is very important in all construction projects, from great architectural works to simple houses.Currently, AG真人游戏 Steel is Ngoc Minh Steel's steel export partner. We meet all customers' needs for quantity and product size at the most competitive prices. As a supplier with a long-term operation and development process based on reputation, you can rest assured about the quality of our company's products.We have provided you with information about Ngoc Minh Steel. If you need to import steel wire products from Ngoc Minh Steel, please contact us here.

Which country exports the most steel? In 2023, world crude steel output will reach nearly 1.84 billion tons. China is the world's largest steel producer, providing more than 50% of global steel production.In the article below, we invite you to join AG真人游戏 Steel to find out what country exports the most steel.What country exports the most steel? Find out more about AG真人游戏 Steel in the article belowOverview of the global steel industry situationAccording to data from the World Steel Association (Worldsteel), crude steel output in 71 countries reached 148.1 million tons in January 2024, down 1.6% over the same period last year. In particular, crude steel production in some regions has grown and recovered, such as Iran (39.3%), Turkey (24.7%), India (7.3%),...Meanwhile, China's crude steel production is still decreasing over the same period in 2023. Specifically, China's crude steel output reached 77.2 million tons, down 7% over the same period in 2022. Manufacturers and other exporters also recorded a decrease in crude steel output, such as Brazil, the US, Germany,...Previously, in 2023, the crude steel output of 71 countries reached about 1.84 billion tons. China still maintains its position as the world's largest steel producer, followed by India and Japan.5 countries with the largest crude steel production in the worldMajor steel exporting countries in the world. What country exports the most steel?Below, AG真人游戏 Steel will provide you with the top 5 countries biggest exporters of steel. And also find out what country exports the most steel.China - The world's biggest steel exportersAs the country with the largest steel industry globally, China accounts for over 50% of the world's steel output. In 2023, China's steel exports reached 90,264 up 36.2% over the same period last year, marking a near-record high. Export growth amid weak domestic demand reflects China's struggling real estate sector. China's 2023 steel exports to Southeast Asia and Central Europe see a significant increase. Among them, Vietnam and Turkey are two export markets with high levels of growth.Currently, China is also the world's biggest steel exporter. Every year, China provides more than 50% of global crude steel output. Therefore, this is also the reason why this country has become the biggest exporters of steel in the world.JapanRanked 2nd in the list of the biggest exporters of steel, in 2023 Japan produced 87,0 million tons, of which exports reached 32,7 million tons, up 1.2% over the same period last year. This is also one of the largest steel-exporting countries in the world. Japan's main export market is Korea with 5,6 million tons, up 3.8%; exports to China reached 2,85 million tons, down 28.9%; exports to Taiwan reached 1,6 million tons, down 12.4%; exports to Thailand reached 4,7 million tons, down 7.2%; and exports to the US decreased 3.1% to only 1,2 million tons.Although only producing 87,0 million tons, Japan exported more than 32 million tons, which shows that export output accounts for nearly 30% of the total steel output of the entire industry. With Japan's biggest steel exporters, Nippon Steel, having just agreed to acquire US Steel, it is predicted that by 2024, Japan's crude steel output will grow dramatically.Export volume and value of iron and steel products from Japan from 2014 to 2023KoreaAs one of the biggest exporters of steel, Korea will produce 66,7 million tons in 2023. However, according to SteelMint data, in the first half of 2023, Korea exported about 12,3 million tons of steel, up 3% over the same period last year. Currently, steel exports from Korea still have a high fluctuation range because this country is experiencing a decrease in domestic demand as well as crude steel output. Currently, Korean steel exports are still focused mainly on Asian markets and other developed countries.GermanyAs Europe's biggest steel exporters, in 2022 Germany exported about 29 million tons of steel, earning 36,9 billion USD. In particular, the largest export market is France with 10.1%, followed by Poland with 9.95%, Italy with 9.88%, the Netherlands with 4.48%, and Belgium with 7.48%. The remaining 10% belongs to other countries. In general, Germany's steel export market does not have many changes as it mainly exports to the European market, with the largest export items being galvanized steel and alloy steel products.ItalyItaly is one of the top 5 countries that export steel and ranked 2nd in Europe after Germany, by 2023, Italy's crude steel output will reach 21.1 million tons. According to the United Nations COMTRADE database on international trade, Italy's iron and steel exports in 2023 will reach 17.12 billion USD. Specifically, in the first six months of the year, Italy exported 7.5 million tons of steel, up 7% over the same period last year. Italy's main export markets are Germany, France, the United States, Spain, and Poland.Vietnam's steel exports grew outstandingAccording to statistics, in 2023 Vietnam domestic crude steel production reached nearly 19,2 million tons, ranking 13th in the world. In terms of export output alone, Vietnam's steel industry ranks 14th among the biggest exporters of steel. In 2023, according to the General Department of Customs, in the first 10 months of the year, Vietnam exported more than 9,1 million tons, an increase of 30.7% over the previous year, with the main export markets in the ASEAN region and the EU, the United States and India,... Among them, the EU market has emerged as a potential bright spot, accounting for about 26% of the steel export market share in this market each year. Of which, Italy is the country that imports the most steel from Vietnam with over 1,35 million tons, growing by 128%, Belgium imports 0,49 million tons, growing by 30%, Spain imports 0,35 million tons, growing by 30%. 70.2%.Vietnam's steel production prospects will increase by about 10% in 2024 and 8% in 2025 when demand for steel in domestic economic sectors recovers. It is expected that in 2024, steel consumption will increase by about 6.4% and export output will increase to nearly 13 million tons. With continuous development and increasing production output, Vietnam is on the journey to becoming one of the biggest exporters of steel.Top 5 largest steel export markets in Vietnam 2023AG真人游戏 Steel - Quality steel supply solutions in VietnamAs one of the countries with a developed steel industry, Vietnam's steel export output has been increasing in recent years. AG真人游戏 Steel is one of the steel exporters that receives the trust of customers from many countries around the world. We are proud to bring you steel products with outstanding quality and reasonable prices.Currently, we are supplying steel products to all markets around the world, including Southeast Asia, Mexico, Australia, America, Spain,... If you are interested in importing steel from Vietnam, please contact us or fill out our form.In the above article, AG真人游戏 Steel has given you information about the steel-exporting countries in the world and what country exports the most steel. 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