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According to data from the General Department of Customs, iron and steel exports of all kinds in December 2023 increased sharply, reaching more than 1.08 million tons with a value of 707 million USD, an increase of 18.12% in volume and 13.81% in value compared to November 2023; increase 34.4% in volume and 27.7% in value compared to the same period in 2022.According to the Vietnam Steel Association (VSA), in December, construction steel and high-quality steel of all types recorded the highest consumption in the past 20 months. Exports of iron and steel of all kinds in December 2023 also increased sharply, reaching more than 1.08 million tons with a value of 707 million USD. For the whole year 2023, iron and steel exports of all kinds reached nearly 11.13 million tons with a value of 8.35 billion USD, +32.6% in volume and +4.5% in value compared to 2022.In December 2023, the top 10 largest import markets for Vietnamese flat steel were the United States accounting for 14.95%, Italy at 12.4%, Cambodia at 8.7%, Mexico at 7.8%, Malaysia at 6.3%, Indonesia at 5.2%, Colakoglu at 5%, Belgium at 4.9%, India at 4.9% and Spain at 4.1%.Conversely, Vietnam's imports of iron and steel in December 2023 reached 1.17 million tons with a value of 741 million USD, -22.1% in volume and -18.3% in value compared to the previous month; +22.7% in volume and +6.7% in value over the same period in 2022. For the whole year 2023, imports of iron and steel of all kinds will reach 13.3 million tons with a value of 10.43 billion USD, +14.1% in volume but -12.6% in value compared to 2022. One of the businesses with the most positive business results in December 2023 was Hoa Phat Group. HPG produced 648,000 tons of crude steel, an increase of 4% compared to November 2023. The consumption of hot rolled steel coils, construction steel and steel billets reached 760,000 tons, an increase of 7% compared to November and the highest in 2023. For export markets, Hoa Phat exported 113,000 tons of construction steel and high-quality steel to make wire rods and welding rod cores. Main export markets were Canada, Korea, Japan, Singapore, Australia, Sri Lanka,...In addition to high-quality steel, Hoa Phat also exported 103,000 tons of HRC in December 2023. HPG is the group with the largest crude steel capacity in Vietnam and Southeast Asia with 8.5 million tons/year, leading in construction steel market share and among the top 5 largest Vietnamese galvanized steel manufacturers.Entering 2024, Vietnam's steel industry is also recording many positive signs of recovery as both production and consumption show signs of strong growth. For the export market, recovering demand in the EU and US has a positive impact on export output and price of galvanized steel. Export steel prices are expected to increase by 9% in 2024.AG真人游戏 Steel is a provider of quality, convenient and time-saving Vietnamese steel import solutions. Our team of market analysis, marketing and supply experts provide the latest market and price reports to help importers clearly understand Vietnamese steel industry. If you have any questions or need to import Vietnamese steel, please contact AG真人游戏 Steel via Email: [email protected] or Hotline: +842836223358 for the most thoughtful support!

Steel melting is a complex process, many stages and requires many advanced technologies to create finished products of outstanding quality, meeting the stiff demands in construction. The process has 3 main steps: iron ore treatment, blast furnace molten iron smelting and impurity treatment to form billets and finished products. In this article, AG真人游戏 Steel will describe in detail the steel melting process to help you better understand the nature of this metal.1. What is iron ore steel melting?The process of making steel from scrap steel is relatively simple because the raw material only needs to go through an electric arc furnace (EAF) or an induction furnace (IF) to smelt into square billets and roll out the final product. Meanwhile, steel made from iron ore has to go through a long process with many different complicated stages. Iron ores are rocks containing metallic minerals that are mined and processed to produce steel. Different types of iron ore contain different proportions of iron, divided into 3 basic types:Magnetite: The chemical formula of this ore is Fe3O4 containing 72.41% iron. In nature, the amount of magnetite iron ore is very rare because they possess the highest iron contentHematite: This is an iron ore with 70% iron content, after magnetite, the chemical formula is Fe2O3. In Greek, hematite ore means blood because of their characteristic red color, easily found in Asia, Australia, and Brazil.Pyrit: The chemical formula is FeS2 containing iron content up to 46.67% with metallic, golden copper color. It is the most common of the sulfide minerals.2. What is the process of making steel from iron ore?Step 1: Iron ore processingIron ore with the main components being iron oxides Fe2O3 and Fe3O4 in raw form, with different contents and sizes, processed, mixed according to the required ratio, combined with coke coal, lime and dolomite to put into the furnace to produce liquid cast iron. The product is an alloy of Fe and C with a Carbon content of more than 1.7%. Carbon is an important element affecting the hardness, ductility and toughness of steel. When %C is in the range of 0.8-1%, the steel has the best strength and hardness, but if the ratio exceeds 1%, they begin to decrease. Therefore, the manufacturer reduces C in cast iron and some other harmful impurities (Cu, Ni, Cr) to less than 0.03%. Liquid cast iron water, after being transferred to an oxygen furnace, helps to melt iron ore and reduce the level of impurities such as sulfur, phosphorus,...Step 2: Create a liquid of molten steelFrom the molten cast iron in stage 1, it will continue to be led to the basic furnace or electric arc furnace to treat impurities and combine some other metals such as manganese, chromium, nickel, aluminum, copper, ... to enhance the technical properties of the steel and create the grade required by the market.Step 3: Roll billet, finished steelWhen step 2 has been completed, the liquid metal is put into casting machine systems to form billets or finished construction steel products such as rebar, coil, hot rolled steel,....There are 3 main types of bar stock, slab and bloom, which are cast in two different states: hot casting and cold casting. For bar stock with cross section of 100x100, 125x125 and 150x150, length 6.9m or 12m  for use as coil and rebar. Slabs are often used to make hot rolled coils, cold rolled coils or V-C-U-H sections, while bloom can completely replace both bar stock and slabs.3. Vietnam's modern steelmaking technologyThanks to the closed steel melting process, advanced technology lines imported directly from G7 countries such as Tenova group, Danieli - the leading corporation in Europe and the world in metallurgical and steel rolling equipment, has turned ore into high quality products without impurities. Products after steel melting have impurities below 0.03%, lower than the standards of many fastidious import markets in the world.The process of smelting steel from ore removes many harmful impurities such as S, P, so the finished steel has strength and longer life expectancy. Steel made from iron ore possesses superior physical and mechanical properties and can be rolled into products with a higher diameter and grade of steel such as D55 construction steel, tensile strength reaching over 600N/m2, suitable for construction projects, bridges, ports, skyscrapers,鈥teelmaking is a complex production process, requiring many modern technologies and lines to ensure product quality and not cause pollution to the environment. Vietnam is one of the countries with the leading steel melting capacity in the world. For any inquiry and request for quotation, please contact AG真人游戏 Steel via Email: [email protected] for detailed advice.

Today, when the demand for use is increasing, many people have chosen PPGI/PPGL for their projects. So what should importers pay attention to before importing PPGI/PPGL? Consult with AG真人游戏 Steel!Choose the right PPGI/PPGL for the projectCurrently, PPGI/PPGL are commonly used in civil works, with diverse designs, colors and materials. Depending on each project, the appropriate PPGI/PPGL is selected to maximize its functions when put into use. For each building architecture, it will be suitable for a different PPGI/PPGL, so it is necessary to clearly define the purpose of the project to choose the right PPGI/PPGI for your project.Learn the utilities and special features of PPGI/PPGLIn addition to choosing PPGI/PPGL to suit each type of building, you also need to pay attention to some other important features of PPGI/PPGL such as: light weight; aesthetic value; sound insulation, heat insulation;...Light weight: Lightweight PPGI/PPGL panels will make the construction and installation, as well as the repair and maintenance, easier, saving a lot of time and effort.Aesthetics: Usually, PPGI/PPGL products are quite aesthetically pleasing; it is an important part of expressing your building style. Aesthetics are determined based on style and color. You can choose a style that suits the architecture of the building or choose colors according to interest.Insulation ability: For some countries with harsh climates, the sound and heat insulation of PPGI/PPGL is even more effective. The use of PPGI/PPGL will help the building become cooler on hot days as well as limit noise.Market price surveyYou need to survey again to choose a good supplier in terms of both quality and price. For a product line, the price from each supplier will be different. Before importing, you should consult the prices of many suppliers, compare prices and choose products with reasonable costs. However, when choosing PPGI/PPGL, don't be cheap; cheap products may be poor quality and may affect your project. Therefore, if you are in need of long-term investment in architectural works, especially high-class apartments and villas, choose PPGI/PPGL with a high price segment to ensure durability and resistance for many years.Choose brand, place of productionQuality is a prerequisite to ensuring the sustainability of the project. When choosing to import PPGI/PPGL, the most important thing to consider is the brand and the place of manufacture; this is something that many importers overlook. So if you choose, pay attention to the ISO product quality management certificate or certificate of origin; this helps to ensure the quality of the work. Choosing a reputable brand will help importers avoid buying fake and poor-quality goods on the market.Currently, in the Vietnamese market, many famous brands produce and trade PPGI/PPGL, such as SY Steel Vina, Dong A, Nam Kim, Hoa Sen,... The products of Vietnamese enterprises always meet strict requirements slots for all projects, from civil projects to large-scale projects. With a source of qualified products, Vietnam is proud to provide importers with quality PPGI/PPGL products, an indispensable material solution for construction projects.Hopefully, with the above sharing, AG真人游戏 Steel will help importers have more information to choose beautiful and durable PPGI and PPGL products at a reasonable price for their projects!

Galvalume is considered a special imported product because the process of finding out information about the item is always complicated. Galvalume steel coil specifications always come with a series of dense data in terms of width, hardness, and thickness that importers need to learn carefully before conducting a transaction.Technical Galvalume Steel Coil SpecificationsThe technical specifications are the evidence demonstrating the strength, toughness and mechanical properties of products. If you are an importer and do not know the basic specifications below before proceeding to trade the item, it is very easy to meet the situation of receiving the finished product not as expected.ThicknessThe thickness is one of the important galvalume steel coils specifications in the information description table. The thickness will certainly affect the selling price, depending on a coil of steel thickness or thin that the factory will calculate a suitable price for the buyer. Sometimes importers require oversized thicknesses, which will make it difficult to find source because not all factories can meet the special requirement of thickness in production.Currently, for Galvalume coils, the ideal thickness is usually in the range of 0.25 to 1.2 mm. The reason why is called the ideal thickness because this is the thickness range that most factories can produce and it is often widely applied in many fields.Coating thickness symbolGalvalume steel coil has 3 layers including base steel layer, aluminum zinc coating layer and color coating layer. Therefore, when viewing coating symbols, importers need to keep in mind a few definitions. There are 3 common coating thickness symbols in galvalume steel coils specifications used by steel manufacturers including BMT, TCT and APT.BMT: reflects the thickness of the base steel layer, which is the inner steel core that has not undergone aluminum galvanizing processes. Therefore, if the galvalume coil is printed with BMT, the importer should understand this as the thickness symbol of the cold rolled coil.TCT: The full name of TCT is Total Coating Thickness, which means that the thickness of the product will now include the base steel layer along with the galvanized layer.APT: APT is the only symbol for prepainted galvalume steel coil products because APT stands for After Painting Thickness, the thickness of the steel product after color plating.Width Besides the thickness, the width gauge size also plays an important role among galvalume steel coils specifications, the manufacturer will rely on these two parameters to calculate the weight of the steel coil. The common formula for calculating the weight of coiled steel applied by many factories today ism (kg) = T (mm) x W (mm) x L (mm) x 7.85Where T is the symbol for the steel thickness, W represents the width and L is the length of the coil. The number 7.85 is the density of iron in mathematics.Grade (Hardness)If thickness was a reflection of the steel's appearance, then hardness would be a measure of the strength for galvalume steel coils. High hardness means that the strength of steel is extremely good and it also shows durability. However, higher hardness also makes the steel become more difficult to handle in machining and design applications. People usually will rely on 3 criteria to evaluate the hardness of steel including: Tensile, Yield Strength and Elongation.Yield StrengthThe manufacturer will put the steel in a specialized machine and start pulling at the 2 heads of the steel, at a certain force when the steel begins to deform, the manufacturer will rely on that to record the Yield Strength of the product.Tensile If Yield Strength reflects the time to deform of steel, then Tensile will be the proof of the maximum strength of a steel product. When the tension between the two heads reaches a large enough to make the steel break at this point, it is called Tensile. Currently, the unit of measure applied to both Yield Strength and Tensile is MPA (N/m2).ElongationElongation is a measure of the distance between the beginning deformed position to the point of failure, it is calculated based on the ratio between Yield Strength and Tensile. If the percentage of Elon is large, it shows that the steel is ductile and easy to form up. Whereas the percentage of Elon is low, it means that the steel is hard and brittle, the steel structure is extremely solid but it will interfere with shaping.In addition, the steel hardness parameters shown on the information table are usually calculated based on the minimum force impact. More specifically, if the Yield Strength parameter is G300, when testing the steel standard, the manufacturer will have to use a minimum force of 300 Newtons to deform the steel.Color IDOne color tone will have many different color shades, so learning the color code before implementing trade will help importers avoid the risk of receiving wrong colors. During the negotiation process between the two parties, the manufacturer will often send to customers a RAL color system with certain symbols on them. When the customer reports the color code, the manufacturer will base on the customer's color requirements to mix the paint color.Commodity classification in galvalume steel coil specificationHS CodeHS is a commodity classification code that is applied to all countries, so when conducting commercial transactions between two countries, understanding the HS Code is the necessary action in determining the category of goods.Conventional iron and steel products refer to the first 2 digits as 72, the following numbers will classify in more detail the width as well as the thickness of the steel coil. The most common HS Code of galvalume coils today is denoted by 8 digits 72107013.Country of origin & Brand NameOne of the last galvalume steel coil specifications that importers need to pay attention to is information about the origin of the product. Possessing a certificate of origin will make the goods easier to clear and the importer can rely on it to distinguish whether it is an authentic product or a floating product on the market.Find out the good partner in removing barriers when importing Galvalume steel The expanding global economy as a trend has led to the development of cross-border commercial cooperation relationships. Unlike domestic trading, import-export trade, especially steel products, always hinders foreign importers about the diversity in price segment and the choice of Vietnamese reputable factories.Due to many years of experience and working in the steel industry, AG真人游戏 Steel is ready to accompany you in solving commercial transaction problems. During the process of establishment and development, we believe that we can advise and help you find a source of quality and reputable goods based on our extensive relationship with domestic steel factories.If you are in need of importing Vietnamese steel products, specifically galvalume steel products and you are in need of further advice on pricing policy, please contact AG真人游戏 Steel immediately through the information attached below!

Besides the usual steels, today manufacturers have continuously innovated and released many improved steel alloys to serve diversified industries. Chromoly steel is known as a steel alloy that is lighter in weight than any other steel, but it also ensures good durability and load capacity.What is Chromoly steel and its important specificationsChromoly steel is a low-alloy heat-resistant steel formed by a combination of "chromium" and "molybdenum", of which the chromium content is 10%. The role of alloying elements will make the product have superior features to ordinary carbon steels because it helps increase durability after undergoing heat treatment.The Chromoly steel grades are conventionally identified by the first two digits of 41, to indicate that this is the designation of chromium and molybdenum steels. An example of the most common type of Chromoly steel can be mentioned as AISI 4130 steel which is currently being used a lot in the oil and gas, aerospace,...CHEMICAL ANALYSISC%Carbon 0.28 鈥� 0.33Mn%Manganese 0.40 鈥� 0.60P%Phosphorus 0.035 maxS%Sulfur 0.040 maxSi%Silicon 0.20 鈥� 0.35Cr%Chromium 0.80 鈥� 1.10Mo%Molybdenum 0.15 鈥� 0.25Some remarkable properties of chromoly steel Limitation in metal corrosionChromium is known as a metal with very high hardness, it also has amazing corrosion resistance. When chromium meets oxygen, it will form a compound Cr2O3, which is the strongest compound of chromium in anti-oxidation. So if Chromium is added to steel, it will create a more protective layer for the steel core, the more chromium content, the higher the steel's ability to resist rust.Outstanding hardnessSimilar to chromium material, when adding the molybdenum to the structure of steel, it will provide superior strength as it increases the hardness of steel and of course, the tensile strength of steel will be greatly improved. A chromium molybdenum steel plate can be designed to withstand a load force of up to 760 MPa.Thanks to this ideal hardness, Chromoly steel helps to maintain the stability of the structure, increase the load-carrying capacity, and minimize the product's warping or distortion when subjected to long-term loads.Good heat resistanceBeyond the feature of increasing hardness, chromoly steel also possesses good heat resistance properties because molybdenum compound allows the steel to survive well under temperatures up to 5800C. Molypden is a heat resistant substance in nature, when combined with chromium, this link will significantly reduce the damage of steel structures in high pressure environments.Long-term cost savingsChromoly steel will cost more than standard steel grades, but in terms of its useful applications in the long-term, this steel will provide the amount of cost-effectiveness for plan. If you are looking for a material that is stronger and lighter than steel but not as expensive as titanium, chromoly steel will be the best choice for you.List of common Chromoly steel's applications Basically, Chromoly steel has some similar features to standard carbon steel, but thanks to the addition of a chromium layer, the steel has enhanced strength and resistance to oxidation, the molybdenum content in the steel also increases toughness. Because of these superior features, the Chromoly steel line becomes useful and is being applied to many industries.Aerospace industryIn the past, steel and aluminum were the popular materials in the aviation industry, but in recent decades, chromium steels are gradually being applied and replacing traditional materials. Thanks to its thermomechanical properties, chromoly steel is often used to support jet engines and landing systems.Manufacture of vehicles and bicyclesDue to the versatile combination of durability properties as well as good load bearing, Chromoly steel is often used to make car chassis. Moreover, based on the advantages of anti-corrosion and high hardness, manufacturers often use them to make gears and automobile crankshafts.Chromoly steel is considered the best material for bicycles. Although Chromoly is known for its hardness beyond standard, it also possesses surprisingly good ductility. Thanks to this factor, manufacturers can freely shape and weld metal parts together to create trendy chassis models that still ensure good durability and bearing capacity.Chemical industriesMany studies have proved that Chromoly steel can suffer from extreme environmental temperature conditions up to 5800C for a long time. Therefore, this steel is widely used in high pressure industries such as oil filtration and chemicals.Depending on the numerous advantages that Chromoly steel brings, it is not difficult to imagine that Chromoly steel will become a standard material for many applications of the field in the future. Therefore, preparing a plan to add Chromoly steel as the main sources for your projects will be a perfect decision for future sustainable development.If you are in need of sourcing reputable Chromoly steel as well as learning more about price segments in the Vietnamese steel market, please contact AG真人游戏 Steel via Whatsapp +84 76 911 2358 or email [email protected]. 

According to the International Stainless Steel Forum, it is predicted that stainless steel consumption will increase by 3.6% in 2024. With the stability of interest rates and inventory levels at supply chain centers, stainless steel demand in the EU is expected to recover in the second half of 2024.1. European stainless steel market situation in 2024In 2023, the EU's stainless steel industry faced challenges with reduced production due to low demand and the impact of high inflation. However, entering 2024, experts predict positive developments and a recovery in the European steel industry.The improved macroeconomic situation is considered the main factor influencing the recovery of the European stainless steel market. The Government plans to accelerate projects on renewable energy sources, especially wind and solar energy, aiming to increase the consumption of renewable energy to at least 40% by 2030. This requires a large amount of stainless steel because their characteristics and strength ensure the safety and efficiency of the project.2. The global stainless steel industry prospered in 2024In 2023, the global stainless steel industry recovered by 2.3% and this positive signal has not stopped yet as WorldSteel predicts steel demand will continue to grow by 1.7% in 2024. The consumption of flat-rolled stainless steel is expected to grow the fastest at 5.2% compared to 2023, followed by cold rolled steel and long steel with rates of 3.2% and 3.7%. respectively. The regions predicted to have the highest stainless steel consumption are Asia (excluding China) with 5.6%, followed by the EU, Africa, and China.3. Vietnam gradually becomes a global stainless steel supplierVietnam maintained its position as the largest steel producer in Southeast Asia with 23 million tons of crude steel and 33 million tons of finished steel products of all kinds shipped in 2021. Once a country with the smallest economy in Asia, Vietnam Nam has risen to 13th position worldwide in crude steel output in 2022, exporting steel products to more than 30 countries in the region and worldwide.In 2024, Vietnam will continue to promote projects to upgrade stainless steel production systems such as Senzimir rolling machines, 1300mm wide rolling technology, advanced equipment and machinery from Tenova, Danieli,... These investment efforts have helped steel products fully meet international standards such as ASTM, JIS, BS, EN,... and design and size requirements from customers.Importing goods often takes a lot of time and effort to find sources of goods, manage the transportation process and control risks, especially high-value goods such as iron and steel. To solve the above difficult problems, many customers have chosen import support units to optimize costs and time.AG真人游戏 Steel is an enterprise specializing in providing solutions for importing Vietnamese steel to many large markets such as the United States, Europe, Italy, Spain,... Owning a network connecting the largest factories in Vietnam such as Hoa Phat, Hoa Sen Steel Sheet, Nam Kim, SY Vina,... AG真人游戏 Steel will bring quality goods at the best prices to importers. In particular, a team of experienced market analysis, business and supply experts will support customers throughout the entire import process, warranty commitments and resolve complaints and arising problems.From predictions about stainless steel demand in Europe in 2024, factories and importers can plan their business and development in the new context. For any questions about the Vietnamese stainless steel market, importers can contact AG真人游戏 Steel via Hotline: +84 28 36 22 33 58 or Email: [email protected] for the most detailed advice.

The SMC Trading and Investment Joint Stock Company has just announced its business plan for 2024. According to the plan, SMC aims to achieve a consumption output of 900,000 tons of various types of steel with an after-tax profit of 80 billion VND.In 2023, the business incurred significant lossesIn 2023, SMC Trading and Investment Joint Stock Company experienced a significant decline in business results compared to the previous year. At the beginning of the year, the company set a post-tax profit target of 150 billion VND. However, after the first nine months, the business situation did not look promising. In Q3/2023 alone, SMC achieved a consolidated net revenue of 3.141 trillion VND, a 44% decrease compared to the same period last year.Operating below cost, along with various expenses, led to SMC incurring a post-tax loss of 178 billion VND, compared to a loss of 219 billion VND in the same period. Accumulated over the first nine months of the year, SMC recorded a gross revenue of 10,574 billion VND, a 44% decrease compared to the same period in 2022. By the end of 2023, SMC reported a total loss of 586 billion VND, wiping out accumulated undistributed profits of more than 343 billion VND recorded at the beginning of the year. This resulted in an accumulated loss of 205.8 billion VND on the balance sheet as of September 30, 2023.SMC is not only facing business difficulties, but its debt recovery situation is also stagnant as real estate enterprises, lacking significant revenue sources, contribute to its substantial losses. By the end of September 2023, SMC had more than 1,300 billion VND in bad debts, of which 98% were short-term debts. The majority of these debts were from real estate companies associated with Novaland.In the context of challenging business operations, the Board of Directors of SMC has unanimously agreed on the strategy to streamline production and business activities, reduce personnel across the entire SMC system, and cut down on all arising expenses. In November 2023, the company's Board of Directors approved the transfer of the right to use 6,197 square meters of land at SMC Binh Duong-Dong An Industrial Park.Business plan for SMC in 2024The profit picture for the business in 2023 wasn't very bright. Recently, SMC Trading and Investment Joint Stock Company announced its business plan for 2024. Accordingly, SMC aims to achieve a consumption output of 900,000 tons of various types of steel in 2024, with an expected after-tax profit of 80 billion VND. This is considered a positive figure compared to the significant loss of 586 billion VND in the first nine months of 2023 and the accumulated undistributed loss as of September 30, 2023, which stood at 205.8 billion VND.Additionally, the Board of Directors of SMC has also approved a plan to pre-purchase the bond batch worth 200 billion VND with the code SMC 2124001, bearing a fixed interest rate of 8.2% per annum, issued in August 2021 (due in August 2024). The collateral for this bond includes 9.1 million NKG shares of Nam Kim Steel Corporation and SMC shares owned by a third party. SMC stated that the anticipated repurchase date is June 2, 2024 (6 months before maturity), after reaching an agreement with the bondholders and obtaining approval from the relevant authorities. The current bondholders in this batch are Shinhan Vietnam Limited Liability One Member Bank and Shinhan Vietnam Limited Liability Securities Company.

The steel industry has gradually regained growth in recent times. Predictions suggest that the demand for steel exports is expected to recover in the coming quarters, given the high domestic selling prices in the EU, the US, and Asian countries.According to a recent steel industry outlook report, VCBS Securities Company stated that steel production activities have shown signs of recovery in the mid-2023 period, contributing to an increase in the overall supply. This comes as manufacturers return to profitability after adjustments in input costs such as ore and coal, supporting profit margins. Additionally, a more positive hydroelectric output is further bolstering the energy supply for steel production mills.The export volume of construction steel also demonstrates a strong recovery for the steel industry since August 2023, as China gradually reduces competition in the export of construction steel towards the end of the year. Specifically, in November, Vietnamese enterprises exported over 7.4 million tons of steel, a 29% increase compared to the same period last year. The main export markets include ASEAN, the EU, the US, India, and Taiwan, among others. As for galvanized products, although the export volume has not reached the levels of 2021, it has shown a significant recovery compared to the low point in August 2022. A substantial contribution to this recovery comes from the export of steel to the EU market, where the supply has been heavily affected by the earthquake in Turkey and ongoing energy shortages.Regarding the export market outlook, demand for the export market will remain positive in 2024. Specifically, according to the forecast by the World Steel Association (WSA), global steel consumption is expected to grow by 1.9% in 2024. The substantial recovery in many countries, such as Europe and the United States, is expected to have a positive impact on the production and prices of exported galvanized steel, with export steel prices expected to increase by 9% in 2024, improving the gross profit margins of steel exporting companies. Additionally, China, as the largest and least dynamically growing country in 2024, is projected to have steel consumption growth of only 0%. This presents an opportunity for the Vietnamese steel industry to boost exports to other potential countries.If the export market expands, the steel industry can benefit from increased exports of its products. However, alongside this, fluctuations in international trade policies can impact the steel industry. Trade protection measures or changes in tariffs may present new challenges or opportunities for steel businesses. Therefore, steel enterprises are compelled to seek and maintain new export markets to ensure diversity and stability in income sources. Generally, in 2024, the steel industry is expected to see signs of recovery from the export market. Particularly in major markets such as the EU, Mexico,.. This will be an opportunity for Vietnamese steel businesses to establish and develop the Vietnamese steel brand on the global steel map. 

K Span is known as a new anti-leak solution for buildings thanks to the steel material PPGI/PPGL in the K Span roofing system helps eliminate the risk of water leakage for the building. Moreover, the durability in them also supports the system becoming sustainable to inclement weather as well as providing flexibility in disassembly and relocation.Definition K Span system and its applicationK Span is the typical name for the dome structure in construction, these domes are manufactured by the forming equipment that makes them reach their full curvature and then the manufacturer will deliver them to the construction site. The entire K Span is a combination of individual pieces of corrugated iron that are connected together by a specialized jointing system, so that the pieces are tightly linked without the need for screws. Normally, the main raw material for making up corrugated iron pieces in K Span is galvanized steel or pre-painted galvanized/galvalume steel (PPGI/PPGL).The K Span system is used a lot in the field of construction, many businesses often apply them to make roofs for civil buildings, houses, barns in agriculture, in addition they can be installed as a hangar or entertainment infrastructure,...Important effects of PPGI/PPGL in the K Span roofing systemAesthetics and durability are one of the outstanding advantages of pre-painted galvanized/galvalume steel. Therefore, the application of PPGI/PPGL in the K Span roofing system has brought a series of beneficial values to the project.Simple construction for contractorSimilar to pre-engineered steel buildings, K Span owns a simple construction structure when they are an overall combination of PPGI/PPGL pieces linked through a joint system. The K Span foundation is built on an extended concrete strip surrounding the building, so the contractor will not need to drive fixed piles or beams during construction.In addition, the main structural components of K Span come from PPGI/PPGI steel, which significantly reduces the weight of the construction compared to traditional brick materials. Thanks to its light weight as well as the simplicity in installing, a K Span system can be set up in almost all soil conditions while still ensuring good stability.Flexibility in design with PPGI/PPGL in the K Span roofing systemThe K Span dome is a combination of a series of coated steel linked together and they are divided according to each span. Thanks to this flexibility, the contractor can arbitrarily change the length of the roofing as desired as they can be dismantled in individual spans. If the building is built with traditional bricks, when the contractor wants to shorten or dismantle it, it will affect the entire structure.Shorten the time for completing projectK Span is considered a system to help improve the construction process quickly because the main structural components are steel and often steel will be produced directly at the factory. After the factory has done the material as required, these parts are moved directly to the construction site, which inadvertently saves the contractor a lot of time during the building process.According to average statistics, a construction team with a number of 10 - 20 people can complete a whole installation of 500m2 per day for a K Span system by assembling the parts together accordingly. Compared with traditional construction methods, construction crews often have to spend more time in mixing mortar and disposing cement.Eliminate the risk of water leakageIn the past, traditional roofs made of mortar or bricks would be prone to leaks because of long standing water absorption. It can be seen that steel is a material that helps to resolve this situation because steel is metal in nature, so it will not absorb liquids. Possessing a K Span dome system will help users feel more secure about waterproofing.In addition, during the production process, the PPGI/PPGL in the K Span roofing system don't create any holes in the surface, there is no chance for rainwater to enter. Tthe curvature of the dome is a great design that provides good drainage when it rains or in snowy environments.High tolerance in the inclement weatherThe applications of steel in construction, especially the PPGI/PPGL in K Span roofing system is often added with galvanized layers to resist scratches as well as increase durability, prevent oxidizing agents due to chemical reaction by zinc. A project with the K Span system will require less frequent maintenance, thereby making conditions for contractors to save on periodic maintenance costs as well as limiting unwanted cost in repair during the process of using.Eco-friendly recyclingConstruction steel is considered a useful material when it can be recycled and reused consecutively throughout its life cycle without being affected by the internal structure. After a long time of use, the contractor can choose to disassemble the pieces of PPGI/PPGL in the K Span roofing system to manufacture other applications.Choose a reputable company to provide PPGI/PPGL in K Span roofing systemClimate change is becoming more obviously forthcoming such as abnormal sunshine and rain as well as high humidity, which directly affects construction works. Therefore, choosing a quality material for your construction project will be the right choice to gain long-term efficiency to the contractors.Understanding the needs of customers, AG真人游戏 Steel is here to help you find solutions in choosing quality PPGI/PPGL steel materials that come directly from large manufacturers in Vietnam. All our PPGI/PPGL steel products are certified for clear origin, thereby helping you to be more secure in the trading process between the two countries.If you want to find out information about PPGI/PPGL steel as well as check product price information from manufacturers, please contact Whatsapp:+84 76 911 2358 or email vanloc@mrssteel. com.vn

The Mexican government has announced anti-dumping duties on cold-rolled coils imported from Vietnam, with the anti-dumping duties ranging from 11.6% to 79%. These duties have been adjusted to lower levels compared to the initial rates proposed by the Mexican Ministry of Economy in September.Alongside robust growth in export activities, Vietnam's steel products are currently among the most frequently subjected to anti-dumping and countervailing investigations initiated by countries worldwide. Many steel products have faced lawsuits and have been subject to anti-dumping and countervailing duties in major markets such as the United States, the European Union, India, Australia, and more. Most recently, the Mexican government has decided to impose anti-dumping duties on cold-rolled coil products imported from Vietnam.It is known that Vietnam and Mexico are both members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), so Vietnam's cold-rolled coil products enjoy a preferential tariff rate of 0% when exported to Mexico. For the groups of cold-rolled coil products currently under anti-dumping investigation, the total export turnover in 2020 was approximately 50 million USD. Among them, the HS code 7209 for cold-rolled iron and steel products accounted for nearly 80% of the production. This marked the second instance of Mexico initiating a trade remedy investigation against Vietnam, following an earlier anti-dumping investigation on coated steel products in 2021.On July 28, 2022, the Mexican Ministry of Economy initiated an anti-dumping investigation into cold-rolled coils imported from Vietnam based on complaints from the domestic industry. This action was taken in response to the observed unfair international trade practices affecting the country's enterprises. Under the guise of price discrimination, the cold-rolled coil products from Vietnam were deemed to have caused economic harm, leading to a decline in revenue for domestic steel manufacturers.After a period of investigation, the Mexican government has recently implemented anti-dumping duties on cold-rolled coil products imported from Vietnam. Starting from December 29, imported cold-rolled coil products from Vietnam had been subjected to anti-dumping duties imposed by the Mexican government. Specifically, the rates are 11.64% for products imported from Hoa Phat, 25.64% for those from Posco Vietnam and 79.24% for other manufacturers. In comparison, preliminary duties announced in September were 12.77% for Hoa Phat, 25.64% for Posco Vietnam and 81.06% for other manufacturers.The anti-dumping duties are applicable to items with the following HS codes: 7209.16.01, 7209.17.01, 7209.18.01, 7209.26.01, 7209.27.01, 7209.28.01, 7209.90.99, 7211.23.03, 7211.29.99, 7211.90.99, 7225.50.91, and 7226.92.06. Currently, steel products imported into Mexico also require a special import license issued by the Mexican government. In the context where the capabilities to respond to anti-dumping investigations by exporting businesses still have many shortcomings, fostering sustainable growth and exports and avoiding protectionist trade measures requires enterprises to adapt appropriately to the new circumstances. Faced with these challenges, Vietnamese businesses need to diversify risks, explore new export markets and enhance the value-added content of the domestic production chain. By doing so, the manufacturing sector can develop sustainably, minimizing the risk of investigations and applying anti-avoidance measures imposed by importing countries. Additionally, businesses should improve their traceability systems and accounting records to support anti-dumping investigations and facilitate the registration of self-certification mechanisms for the origin of raw materials in products subject to anti-avoidance investigations.