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On June 2, 2023, the Safeguards Committee of the World Trade Organization (WTO) announced that the European Union would continue to extend safeguard measures in the form of tariff quotas (TRQs) for some steel products imported from Vietnam for an additional year. The EU decision is in effect from July 1, 2023, to the end of June 2024.According to the notice of the WTO, the European Union accused cheap steel products imported from abroad will continue to cause severe damage to domestic producers. Therefore, they asked to apply trade remedies because the EU's domestic steel industry has taken many measures to deal with the increase in imported steel products into the domestic market.Based on the Commission's Implementation Regulation 2021/10291, the EU issued a Decision to extend safeguard measures applied to imported steel products through tariff quotas. Accordingly, the European Commission allocates specific and common quotas for each country for the remaining countries. Imports over the percentage are subject to an additional 25% duty.Vietnam, along with other countries, has exported steel to the EU market subject to quarterly tariff quotas for eight types of steel, including hot rolled steel plate (group 1), electrical engineering steel plate (group 3B), galvanized steel plate (group 4A, 4B), organic coated steel plate (group 5), stainless cold-rolled steel plate (group 9), large steel pipes (group 25B) and other steel pipes (group 26). For other groups of steel products, Vietnam is exempted from safeguard measures according to the criterion that a developing country with a steel import market share of less than 3%.  The European Union is one of the regions that regularly applies trade remedies to imported goods globally. According to WTO statistics, by the end of June 2022, the EU had investigated 644 cases and applied 408 trade remedies. Currently, the EU only uses safeguard measures related to steel products for Vietnam. In the next stage, Vietnamese manufacturers need to contact EU and Vietnamese authorities to fulfill their obligations to declare, cooperate and provide sufficient information to protect their rights tariff rate, not allowing steel products outside the above eight groups to be determined to exceed 3% of the market share.Previously, on March 26, 2017, the European Union launched an investigation into some imported steel products. On July 18, 2018, the EU decided to apply a temporary safeguard measure on steel products classified under 23 product categories within 200 days. The out-of-quota tariff rate is 25%, depending on product type and origin.On July 1, 2020, the non-taxable quota was increased by 5%, effective until June 30, 2021. With the expiry of the term three years, the EU relaxed this measure by increasing the tariff rate quotas for all groups to 4% from July 1, 2021, to June 30, 2023. On February 2, 2019, the European Commission imposed official safeguard measures on 26 out of 28 product categories under investigation. Before exporting to the EU, the Vietnam Trade Remedies Administration suggested that enterprises actively control the export shipments within the remaining quota.If customers want to learn about the Vietnam steel market and import genuine steel products, please get in touch with AG������Ϸ Steel via Whatsapp: +84 76 911 2358 for the best support. 

ArcelorMittal Kryvyi Rih recently halted its steelmaking and rolling operations due to water impacts following a dam failure at the Kakhovska Hydropower Plant. The production halt could affect Ukraine's steel industry in the near term. ArcelorMittal Kryvyi Rih has halted productionUkrainian steel and long steel producer ArcelorMittal Kryvyi Rih recently halted steel production and rolling activities. According to reports, the halt stemmed from the dam collapse at the Kakhovka Hydropower Plant due to suspected Russian influences. So far, no results have determined whether the production halt will affect Ukraine's steel industry prices.The plant has stopped production since June 6 and will resume operations if the water in Lake Kakhovka shows signs of decreasing. Meanwhile, blast furnaces, coke smelters, and iron ore mining operations continue to operate. The source also said that the business continues to deliver goods on schedule.The steel industry may be affected in the near futureThe dam is located on the Dnipro River in Ukraine's Kherson region. ArcelorMittal Kryvyi Rih steel mills use Lake Kakhovka's water during steelmaking and cooling. The dam collapse seriously impacted the downstream region and significantly affected steel production. However, there is no information shared about the amount of water that ArcelorMittal Kryvyi Rih consumes, but certainly, the amount of water consumed by the steel industry is not a small number. On June 7, ArcelorMittal Kryvyi Rih announced that there would be no water supply for production on June 8, forcing employees to work from home or take unpaid leave. The plant also said it would update the water supply situation daily to ensure operations could still occur.In the first 4 months of 2023, Ukraine's crude steel production decreased by 54% compared to last year. According to a report from the local steelmaking association, Ukr Metalur Prom, steel production fell from 3.93 million metric tons to nearly 1.81 million metric tons. With such a sharp decrease in steel output, the industry may increase prices soon.What opportunities exist for Vietnam's steel industry?ArcelorMittal Kryvyi Rih is stopping production due to the impact on the water supply after the dam collapse at the Kakhovska Hydropower Plant. The production stoppage means that the steel price in this market will increase. This is an opportunity for Vietnam's steel industry to export products to this potential market. With international-standard quality and a reasonable cost, Vietnamese steel will be a reasonable source for the Ukrainian steel market. Besides, the Ukrainian steel market was also affected by the Russia-Ukraine war. Several leading steel producers in Ukraine have plans to cut production output to a minimum due to delayed rail and port operations. This will create opportunities for the steel industry in other markets, typically Nam Kim, Hoa Sen, Hoa Phat, and Ton Dong A... with revenue growth mainly coming from exports to the EU market.Above is information about ArcelorMittal Kryvyi Rih's production cuts due to the impact of the dam failure at the Kakhovka Hydropower Plant. The dam's collapse led to decreased steel output, which is also an opportunity for the Vietnamese steel industry to export steel to this market. If you need to buy Vietnamese steel, please contact us here. We ensure that we provide quality steel products at a reasonable cost. 

The galvanized steel coil is a type of steel that is widely used in people's daily lives. Let's understand how 5 applications of galvanized steel coil are used in our lives!1. Application of galvanized steel coil in the production of steel pipes and boxes1 in 5 unmissable applications of galvanized steel coils is the production of steel pipes and steel boxes. The galvanized steel coil is the primary raw material for producing steel pipes and box steel. Steel boxes and steel products produced by galvanized steel coils have outstanding advantages, such as high durability, a long service life, resistance to harsh environments, and less prone to rust or corrosion. These two types of steel are commonly used in making water supply and drainage pipes, oil and gas pipes, vehicle parts, etc.2. Application of galvanized steel coil in constructionSteel plays a very important role in the construction of structures. Galvanized steel coil has sustainable structures used as partitions, ceiling frames, and frame supports for houses and public buildings such as hospitals, schools, et cetera. Thanks to outstanding advantages such as corrosion resistance and anti-rust, galvanized steel coils are also the primary source of raw materials for producing ventilation pipes, purlins, deck floors, et cetera. Not only does it help to improve buildings with higher aesthetics, but it also creates living spaces with more open and transparent architecture.3. Application of galvanized steel coil in the fabrication industryIt can be said that one of the 5 essential applications of galvanized steel coil is the manufacturing industry. A series of manufacturing industries that play an essential role in human life involves galvanized steel coils, such as electronics manufacturing, machinery manufacturing, printing, fuel extraction, et cetera. Galvanized steel coils are used to create essential tools that help the production process be completed quickly and efficiently. Thereby improving labor efficiency and contributing to the development of the economy.4. Household industry - 1 in 5 essential applications of galvanized steel coilIt can be said that one of the 5 essential applications of galvanized steel coil is the application in the household industry. The household appliances industry affects people's daily lives innumerable. The galvanized steel coil is widely applied in producing household appliances such as televisions, phones, and refrigerators to simple kitchen appliances. All civil products are manufactured from components with galvanized steel to increase durability, prevent corrosion and oxidation, and external aesthetics for products. All civil products help people save time and free up labor in everything.5. Application of galvanized steel coil in shipbuildingLike in construction, galvanized steel coils are also widely used in shipbuilding. Galvanized steel coil specialized for constructing ships in the marine industry with high durability and resistance to sea salt corrosion. It mainly manufactures oil rigs, hulls, and repair ships. Galvanized steel coils can also manufacture heavy-duty ships carrying bulk cargo. It can be said that galvanized steel coils are an indispensable material for the marine industry.Above is the information you need to know about the 5 applications of galvanized steel coil. If you want to learn more about galvanized steel coils, please contact us here.

As part of its sustainable development plan, the World Steel Association organizes 2 significant events: "Open Forum 2023" and "Disruptive Technology Conference 2023". This will allow the steel industry to develop and strengthen its position on the economic map.1. Steel industry overview 2022In 2022, the global economy will face difficulties when inflation increases and steel-using industries grow slowly. Meanwhile, the high price of input materials in the steel industry increases production costs and decreases steel demand. Some major steel corporations worldwide have plans to close blast furnaces, such as ArcelorMittal.2022 global steel production will reach 1,878 billion tons, up slightly from 1,875 billion tons in 2019 (before the COVID-19 pandemic). China leads the world in steel production with 1,013 million tons, accounting for 54% of total output. China is followed by India with 124.8 million metric tons, accounting for 6.6% of the world. These two countries have a developed steel industry, contributing to the overall development of the world steel industry.Worldsteel forecasts that steel demand will decline 2.3% in 2022 to reach 1,796.7 billion tons after increasing 2.8% in 2021. In 2023, steel demand will recover by 1% to 1,814 billion tons. 2. Sustainable development plan of the steel industryThe sustainability of the steel industry is always a top priority for the World Steel Association. As part of the series of sustainable development plans for the steel industry, the World Steel Association organized two significant events: the "Open Forum 2023," held in Belgium, and the Breakthrough Technology Conference 2023 held in the UAE.2.1 Open Forum 2023After successfully holding the event in 2022, the 2nd Open Forum in 2023 is an opportunity to expand and develop the steel industry. The forum aims to engage stakeholders in the steelmaking ecosystem, including suppliers, equipment manufacturers, and related industries.The forum focuses mainly on climate policy implementation, transition financing, raw material requirements, energy availability, steel-using industries, and chain of custody. Development of steel products.2.2 Breakthrough Technology Conference 2023This event is organized to facilitate exchanges between researchers and engineers working in steel. The conference will be a networking platform to participate and share information and knowledge about the steel industry.The main content of the conference revolved around the production and transformation ecosystem. Includes hydrogen use (reduction, BF pumping, heating), CCUS, use of alternative carbon sources, electrification (EAF, electrolysis, heating), scrap, efficiency, and other cross-cutting issues.3. Vietnam and opportunities before the sustainable development of the steel industryThe world steel industry is growing, leading to the development of Vietnam's steel industry. With the new development trend of the world economy, the development potential of Vietnam's steel industry in the future is huge.Production capacity: Over the past time, Vietnam's steel industry has developed enormously in both production capacity and product categories. The steel industry's growth in recent years has doubled, with total production reaching around 29.3 million metric tons in 2022. With these factors, Vietnam has risen to 13th in steel output, with 20 million tons in 2022, accounting for 1.1%.Export market: Vietnam's steel products have been exported to more than 30 markets worldwide. Vietnam's main steel export markets are ASEAN countries, accounting for 26.2% of the total turnover; the EU accounts for 15.98%; China accounts for 14.12%; the US accounts for 11.57%,... Besides, the signing of a number of new-generation FTAs, such as CPTPP, EVFTA, and RCEP... has brought positive signals to the steel industry when there are new export markets with high scale and growth potential.Above is information about the sustainable development plan of the steel industry; if you want more details, please contact us here.  

Russia and Ukraine are accusing each other of the collapse of the Nova Kakhovka hydroelectric dam in the Kherson region at dawn on June 6, causing widespread flooding and threatening thousands of people living there. Sources said the blowing up of the hydroelectric power plant severely impacted steel production in Kryvyi, where AecelorMittal's Ukraine steel mill is located. Should the EU's steel market import Vietnamese products to solve the supply shortage?1. Russia and Ukraine accuse each other of the hydroelectric dam in KhersonAccording to Russia's media, the Ukrainian military carried out an airstrike on the Kakhovka hydroelectric power station with the Olkha multiple rocket launcher system. Russian Defense Minister Sergei Shoigu also accused the Ukrainians of attacking the hydroelectric dam in Kherson to hinder the advance of the Russian army.The 30m high, 2 miles (3.2km) long dam was built in 1956 on the Dnipro River as part of the Kakhovka hydroelectric power station and included a reservoir of 18 km3 of water. It is considered the primary source of water for the Crimean peninsula, the Zaporizhzhia nuclear plant, and ArcelorMittal.Meanwhile, the Ukrainian side also accused Russian forces of blowing up the Nova Kakhovka dam, which not only caused massive flooding in dozens of villages and cities, affecting thousands of civilians but certainly also created an ecological disaster in southern Ukraine for many years. Ukrainian President Volodymyr Zelensky called the collapse of the Kakhovka dam an act of "environmental destruction" and said the incident would not affect Ukraine's plans to retake territory from Russian forces.Faced with escalating tensions, on June 6, the United Nations Secretary-General Antonio Guterres also stated, "Attacks against civilians and critical civilian infrastructure must be stopped immediately. We must act to ensure accountability and respect international humanitarian law.""We express great concern about the destruction of the dam at the Kakhovka hydroelectric power station," China's ambassador to the United Nations said. The blowing up of the hydroelectric dam on the Dnipro River not only endangers the Zaporizhzhia nuclear power plant but also disrupts the steel supply to the relevant regions.On the same day, the European Union (EU) offered to assist Ukraine in overcoming the consequences of the disaster so that people could soon return to everyday life and stabilize production.2. The world steel industry was affected after the collapse of the Kakhovka damBesides the severe damage to agricultural activities and water supply infrastructure for residents, experts are also concerned about ArcelorMittal Kryvyi Rih, as steel production mainly depends on Lake Kakhovka. According to the latest reports, Ukraine's AMKR mill has restricted water consumption and suspended some metallurgical, crude steel production. It is expected that it will take about 3-4 days to assess the damage and plan to restore average production.ArcelorMittal is one of the world's largest steel corporations, estimated to be able to produce about 6 million tons of crude steel and other products per year, such as coils, rebars, and commercial steel bars for Ukraine. Three steel producers in regions under Ukraine's control - ArcelorMittal Kryvyi Rih, Kamet Steel, and Zaporizhstal - are currently operating at an average capacity of 50-60%, producing a total of 13.5 million tonnes of steel annually. The wars and conflicts between Ukraine and Russia will inevitably increase energy costs in Europe, leaving steel mills with no choice but to increase the selling price of their products. Many customers in the European market also stopped trading with these two countries due to the sudden and out-of-control price increase. A steel mill in Central Europe complained overnight that the cost of natural gas had increased by 55%, so it was forced to cancel purchases to avoid economic damage.3. Kakhovka hydroelectric dam failure: How does it affect Vietnam's steel industry?Vietnamese steel will benefit from the EUIn the context of the crisis between Russia and Ukraine, the prices of goods and raw materials, including coking coal, have increased sharply, affecting input costs for steel production and disrupting steel supplies worldwide. Russia and Ukraine are both major steel exporters, especially in the European market (accounting for 15% of the market share), along with Ukraine and Belarus, which account for 38% of the market share of steel exports to the EU. Therefore, experts say the escalation of Russia-Ukraine and the recent blowing up of a hydroelectric dam will lead to a sharp supply shortage.However, this will create opportunities for steel exporters from other markets, including Vietnam. The sharp increase in steel prices will help countries with low steel production costs, like Vietnam.The proportion of steel exported to the EU increasedAccording to the Vietnam Steel Association (VSA) report, the EU ranked third in Vietnam's steel import volume, accounting for 13% of the proportion (equivalent to 1.6 million tons) in 2021. This figure increases by more than 10% with 2020 (2.86%). The signing of the Free Trade Agreement between Vietnam and the EU (EVFTA) helps Vietnam enjoy many incentives in terms of duty rate and 0% anti-dumping duty. This has created a good premise for the EU to boost the import of cheap and quality steel in Vietnam.Above are the latest news about the Nova Kakhovka hydroelectric dam blowing up between Russia and Ukraine and the forecasts affecting the steel industry. For any information and needs to learn about Vietnam's steel market, please get in touch with AG������Ϸ Steel via Whatsapp: +84 76 911 2358 for the best support! 

The Vietnam steel market is going through a difficult period when steel prices have been adjusted along with an decrease in demand. Specifically, SSI Research has forecast that steel industry demand in the first half of 2023 may decline in the context of a weakening real estate market and tight monetary policy of the government.1. Vietnam steel market fluctuationsAccording to the assessment from VSA, 2022 is a challenging year when the decline in the domestic consumption market has affected the price of steel, and the cost of production materials is also complicated. Those changes lead to many steel enterprises falling into predicament and loss.Specifically, Hoa Phat Group Joint Stock Company achieved a revenue of VND 142,000 billion, down 5% compared to 2021. In terms of output, Hoa Phat has supplied the market with 7.2 million tons of steel (including billet, steel) construction, hot rolled coil), the result is down 7% compared to 2021.Not only Hoa Phat faced difficulties, but also other giant enterprises in the steel industry also struggled because of declining revenue. Vietnam Steel Corporation - VNSteel recorded revenue of VND 38,732 billion, down 5% compared to the previous year of 2021.2. Main Challenges For Vietnam Steel IndustryBased on the assessment of many experts, the biggest reason for the decline comes from the large fluctuation in steel price while the consumption demand is not very positive.2.1 Impact from real estate & global inflationaryThe domestic real estate market has shown signs of weakness for a long time, it caused a heavy blow to the demand of using steel as well as prices. Domestic raw materials still cannot avoid undering the pressure from global inflation, specifically the price of petrol and raw materials such as iron and steel has increased rapidly in the Vietnam market since the recovery of the Covid pandemic.2.2 Consequence of Russia & Ukraine conflictIn addition to the above issues, indirect factors related to the conflict between Russia and Ukraine cannot be ignored. Specifically, Russia is one of the world's largest in supplying coal, the dispute between the two countries has disrupted coal supply. Coal prices have increased many times when compared to the normal level, which has led to an increase in the general price of input materials for production.Unusual disparity of Russia's coal exporting volume to the Asia countries2.3 China’s “Zero-Covid�� Policy Affect to Vietnam Steel MarketBesides that, China's zero covid policy also affects the domestic steel industry and raw material prices. Until now, China has always been the main export market of many domestic enterprises, so the tightening policies at the border gate have delayed many carrying trade and disrupted the transport cycle between the two countries. As a result of this delay, transportation costs have increased, which has led to an increase in the prices of raw materials.3. Prospects for Vietnam Steel MarketIn the face of these factors, the Vietnam steel market will inevitably face difficulties, but potential opportunities are still open to all businesses.Although the export situation is not very positive, the import of input materials for steel production has always remained stable when it only decreased slightly by 8% when compared to the same period last year. According to the most recent statistics, Vietnam's crude steel production capacity reaches 23 million tons/year, particularly hot-rolled coil (HRC) reaches 7-8 million tons/year. Vietnamese steel enterprises, in particular Hoa Phat Group, have invested in building large iron and steel factory complexes.Vietnam's ranking on crude steel production among countriesIt can be seen that Vietnam's steel industry is gradually becoming self-sufficient in input steel materials and they are not much dependent on foreign countries. The Vietnam steel market has had a strong development in steel production capacity and technology in recent years.Moreover, experts of finance show high expectations on the recovery of steel prices in 2023. The driving force of this expectation mainly comes from China's stimulus policy of the real estate market. This policy of China will dismantle difficulties for many businesses in the Vietnam steel market because China has always been an important export market for Vietnam.

The cold-rolled coil product is appreciated for its diverse applications and outstanding advantages. So how is cold rolled steel manufactured and what are its current popular applications, all questions will be answered in the article below!What is the cold rolled coil?Cold-rolled steel (trademarked CRC) is generated at the final stage of making steel from billet. Cold rolled coils are produced based on steel billets at low temperatures, more specifically, CRC has origin from hot rolled steel, then it will be processed through a cool process to make the surface become smooth and improve eye-catching brightness.Features of cold rolled coils Cold rolled coil often possesses a glossy surface by an oil layer treated in the rolling process. Besides the smooth surface, the product also offers outstanding durability advantages 20% higher than hot rolled coil. Along with that, cold rolled coil also has good impact resistance and ductile properties, so it is easy to bend and cut on requests.However, because it is still a metal, the cold rolled coil is easy to oxidize if it is not well preserved. Specifically, when the product exists in highly acidic or alkaline environments as well as it has to suffer from harsh weather environments, it will easily cause the steel surface to rust. To overcome this situation, the manufacturer usually has to periodically maintain it by applying a layer of oil to create a protective film for the steel core.Process production of cold rolled coilsThe steel production process will have to go through many separate stages that require strict control to ensure the hardness of the steel and avoid the case that the compositional elements are changed during the period of production.Stage 1 - Preparation of input materials and removing rust surface: the main input material of cold rolled coil is hot rolled coil. Hot rolled coil often brings low aesthetics through the rough appearance, so the manufacturer will proceed to spray a specialized acid directly on the surface to clean it.Stage 2 - Cold rolling stage: the manufacturer will use mechanical force with oil to roll the steel at a low temperature which is equal to room temperature at that time. This cold rolling process has the effect of making the steel structure stronger as well as changing the surface of the steel. However, in principle, the cold rolling process only changes the steel structure and it will keep the original steel's compositions. Because of those technical standards, cold rolling stages will require strict control in order to avoid surface cracking due to excessive force.Stage 3 - Soft annealing: steels that have undergone the cold rolling process will often be in hard condition, so they will be treated with a next step, which is soft annealing. The steel will now be annealed in an electric furnace containing 100% hydrogen gas to help remove the hardness after rolling, enhancing the ductility of the steel to make use of construction applications.Application in specific fieldsDepending on outstanding advantages such as shiny appearance, good loading resistance, cold rolled coil is widely used in the construction, manufacturing and mechanical industries. It also shows some benefits to human daily life. Specifically, some popular areas include:Construction works: taking advantage of the sturdy structure thanks to the low carbon content, people often use CRC for many construction purposes. Some practical applications in popular construction include making structural frames, purlins, ...Machine parts, spare parts for automobile and aircraft equipmentHousehold and consumer appliances: refrigerators, air conditioners, stoves,... Looking for cold rolled coil suppliers directly from Vietnamese factoriesSince the company was established and entered the market until now, AG������Ϸ Steel has always maintained our mission of being a pioneer in the field of providing comprehensive steel solutions for international importers. Recognizing the important role of cold rolled steel, AG������Ϸ Steel has been present and accompanies you in finding reputable sources.Based on many years of experience in the steel industry, we are confident in accompanying you in the steel import strategy. Vietnam steel market is considered a potential market with the participation of countless large and small manufacturers, acquiring a consultant  in steel will help you significantly optimize time and cost in the future. By finding out the source of goods as well as knowing the detailed price list, you can promptly adjust and orient your trading planning based on useful data. 

In the current global steel industry, signs of recovery have stimulated a series of commercial steel import and export cases that took place more often. Capturing HS Codes for the steel industry will help businesses determine customs duties as well as serve well for goods statistics.1. What HS Code is and its application of themHS Code is the classification code of goods according to a standard system applied to all countries issued by the World Customs Organization WCO. The establishment of HS codes will help all countries reach a consensus on product language.Based on the HS code, the Customs Authorities will be able to determine and apply the appropriate import and export tax for the shipment, it will directly affect the price of the goods. In addition, the State can also rely on HS codes to statistic the import and export quantity of each type of goods in detail.2. Meaning of each numbered unit in HS CodeThe HS code system will divide the first 6 digits internationally as well as classify the types of products into sections including sections, chapters, heading, subheadings, and regional tariffs.Section: the meaning of a section is to gather many types of goods with the same type, function, and composition together into a group of chapters. In the HS Code system, there will be 22 sections, each with its own legend.Chapter: chapter is specified in the first 2 numbers of the code starting from 01 to 99. The chapter will display groups of goods closely related to each other. For example, chapter 72 would represent iron and steel, or Chapter 74 would represent copper and articles made from copper.Heading: heading consisting of the following 2 characters after the chapter. The group will more detailly classify product categories with common characteristics and origins than the chapter. Continuing with the example of steel products with code 72, we can look through HS code 7208 with the following two numbers in the 08 category, which means that it will refer to steel products manufactured by hot rolled process or 7209 with ''09'' representing cold-rolled steel.Subheading: the structure of an HS code will reflect the details of the product based on the last units in the number sequence. The subheading consists of the following 2 letters after the group, showing more specificity of the product. In order to make readers understand clearly, let's view carefully the following HS code 720827 - 72 for steel products and 08 for hot rolled steel products with a width of above 600mm. The last 27 indicates the thickness of the product, specifically with the example above being less than 3mm.3. List of HS Codes of the steel industry in 2024HS CodeName of goods7208Hot-rolled steel with a width over 600mm (HRC)720825Thickness from 4.75mm or above720826Thickness from 3mm and less than 4.75mm720827Thickness less than 3mm720836Thickness above 10mm720837Thickness from 4.75mm to 10mm7209Cold-rolled steel possessing a width over 600mm (CRC)720915Thickness from 3mm or above720916Thickness above 1 mm and less than 3mm720917Thickness from 0.5mm to 1mm720918Thickness less than 0.5mm7210Plated steel with a width over 600mm721030Galvanized steel (GI)72103011Thickness less than 1.2mm72103012Thickness above 1.2mm and below 1.5mm721061Galvalume steel (GL)72106111Thickness less than 1.2mm72106112Thickness above 1.2mm and below 1.5mm721070Pre-painted plated steel with and thickness of less than 1.5mm72107012Pre-painted galvanized steel (PPGI)72107013Pre-painted galvalume steel (PPGL)7212Plated steel with width of less than 600mm721230Galvanized steel (GI)721250Galvalume steel (GL)7306Steel pipe730630Round steel pipe730661Square steel pipeProcedures for importing steel products are often a confusion for importers. Therefore, businesses need to know the HS code to determine if they will be subject to any additional taxes when buying and selling that type of products, thereby helping businesses update the plan promptly before additional fees incurred.The above article is the entire content of the definition and how to look up the HS code provided to you by AG������Ϸ Steel. At the same time, AG������Ϸ Steel also added a lookup table for the most common HS codes in the steel industry today. If you want to learn more about the summary of HS codes for some types of steel related to anti-dumping tax and import tax in Vietnam in the most detail, please contact us immediately.

The global steel trade conflict is increasingly exploding with trade defense lawsuits. Recently, Turkey has announced that it will continue to impose anti-dumping duties on hot-rolled steel plates originating from China, this is considered a new escalation in the trade conflict in terms of hot-rolled steel products between the two countries.1. Overview of the Türkiye imposed an anti-dumping tax on Chinese steelAccording to statistics from the World Steel Association, Turkey has always been considered as one of the significant steel factories in the world and this country has specific effects on the global steel supply chain.Steel has always been one of the critical economic sources in Turkey, however, each year Turkey has to import a significant amount of steel from other countries in order to meet the domestic demand for steel. Specifically, since 2015, hot-rolled flat steel imported from China has always accounted for a large proportion of the market share of steel imports in Türkiye. Thanks to its low price and abundant steel production capacity, China naturally becomes the second largest steel importer here (after Russia), which has helped China gradually dominate the output market share and make it competitive for domestic manufacturers.Turkey's Ministry of Economic Affairs decided to open a preliminary investigation on anti-dumping on hot rolled flat steel in December 2016 after strict requirements from the domestic steel corporation. After nearly a year of investigation, officially on November 29, 2017, the Turkish side announced an anti-dumping tax on Chinese hot-rolled flat steel products at 16.9%- 22.6%.Following international principles, anti-dumping duty will be practical for 5 years from the decision to impose the tax. When Turkey imposed anti-dumping duty took place in 2017, so on October 22, 2022, the Turkish authorities announced that they would review the investigation and continue to apply the anti-dumping duty definitively on Chinese hot-rolled flat steel.2. Vietnam's role in tensions about importing steel between Turkey and China Up to now, hot-rolled flat steel products originating in Vietnam have not been applied to anti-dumping duties by Turkish manufacturers. However, to avoid a sudden increase in imports which causes competitive pressure on the domestic steel industry, the Turkish Ministry of Economy has introduced temporary trade remedies to Vietnam.Specifically, from 2018 onwards, flat-rolled steel imports will be subject to a quota of about 3.1 million tons. If the amount of substances exceeds the given limit, the item will be subject to an additional duty of 25%.According to the newly updated data from Turkey Customs, in January 2023, Russia and China are still occupying the role of the two biggest players in the market share of steel imports here. Meanwhile, Vietnam accounts for only 0.003%, it can be said that Vietnam's steel import output is still not enough to cause competition as well as create anxiety for domestic steel enterprises. Therefore, the steel import-export relationship between Vietnam and Turkey is always within a safe threshold and it is difficult to get involved in disputes about trade remedies. Turkey has always been an ideal destination for a long-term hot-rolled steel plate import strategy for Vietnam and vice versa.

According to the Vietnam Steel Association, Vietnam is one of the world's largest suppliers of steel, producing up to 25 million tons in 2022 through numerous well-known domestic steel companies. This likewise makes it hard for shippers to pick between various organizations. Join AG������Ϸ Steel to learn more about Sendo Viet Nhat Steel Joint Stock Company, one of Vietnam's largest steel producers.1. Overview of Sendo In 2015, SMC Investment - Trade Joint Stock Company and Hanwa Group (Japan) established Sendo Viet Nhat Steel Joint Stock Company. With a total investment capital of 13.8 million USD, Sendo is currently operating a 4-hectare factory in Phu My 1 Industry, Ba Ria-Vung Tau province. The factory invests in many modern machinery systems and production lines imported directly from Taiwan, helping Sendo's products meet international standards with stable, safe, and sustainable quality.Over many years of operation and development, Sendo is one of the leading units specializing in manufacturing cold rolled steel, box steel, galvanized steel, and pipe steel, ... to meet the needs of industrial and civil construction, utilities, transportation infrastructure, and household appliances. The distribution and export network of Sendo has expanded to include Vietnam, ASEAN, Africa, Australia, Japan, and the US.2. List of activities of SendoSENDO focuses on developing and providing product lines of black steel pipes, welded galvanized steel pipes, and hot-dip galvanized steel pipes. They committed to stable and safe quality, meeting the requirements in the field of construction, industrial as well as export.Sendo Black steel pipeManufacturing standards (Standard): ASTM, JIS G3444 �� 1995, BS 1387 �� 1985, TCVNRaw material: SPHC, SPHT1, SPHT2, SPHT3, SS400…Kind of products: Round; square tube (square); rectangular box tube (rectangular)Purpose of use: application in basic construction, fire protection systems, water supply - drainage, scaffolding, mechanics, pilesSendo Galvanized pipeManufacturing standards (Standard): ASTM, JIS G3444 �� 1995, BS 1387 �� 1985, TCVNRaw material: SGCC, SGHCThickness of zinc: Z80 ~Z275Kind of products: Round pipes; square tube (square); rectangular box tube (rectangular)Purpose of use: application in construction and industrySendo Hot-dip galvanized pipeManufacturing standards (Standard): ASTM, JIS G3444 �� 1995, BS 1387 �� 1985, TCVNRaw material: SPHC, SPHT1, SPHT2, SPHT3, SS400…Thickness of zinc: 320 ~ 600g/mKind of products: Round pipes; square tube (square); rectangular box tube (rectangular)Purpose of use: fire protection system, water supply - drainage, conduit, and fiber optic cable... 3. Sendo's production technology and scaleThe Sendo Steel Joint Stock Company uses a cutting-edge NOF production line system to produce all of its goods, ensuring both environmental safety and high quality. Sendo is well-known for its Vietnam-Japan steel product line, and the closed production process is imported directly from Japan. Sendo Vietnam steel pipe stands out for its resistance to oxidation, high strength, and high bearing capacity, making it suitable for all construction projects.Sendo's Coil Center system has a total capacity of 350,000 tons per year, scientific management method according to ISO 9001:2000, specializing in providing cutting services of hot-rolled steel plates, cold-rolled steel, and sheet steel electroplating, color plating, stainless steel with almost absolute precision. Viet Nhat SENDO steel pipe factories have an operating capacity of up to 100,000 tons per year. Meanwhile, the mill has the function of rust removal, cold rolling, and galvanizing with a capacity of 160,000 tons per year.4. Quality steel import solution in VietnamCurrently, Vietnam's steel products have been exported to more than 30 countries in the region and the world, reaching a record export milestone and joining the group of steel exporting countries with a turnover of more than 10 billion USD.Taking advantage of the understanding of the market and domestic steel companies, AG������Ϸ Steel has been a partner of many foreign enterprises wishing to find a reputable and high-quality Vietnamese steel supplier. AG������Ϸ Steel owns a team of experts and experienced market analysts who can help you source steel products that meet international standards at competitive prices. In particular, AG������Ϸ Steel is a long-term partner of Sendo Group, always updating the most quickly with news on prices, regulations and products, which can help you save time, effort, and purchase costs in cooperation with Sendo.If you're looking for a reputable Vietnamese steel importer, AG������Ϸ Steel's information about Sendo Steel Corporation and its products should be of some assistance. For the best support, please contact AG������Ϸ via email at [email protected] if you have any questions about the steel market and businesses in Vietnam!