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According to statistics of the General Department of Vietnam Customs, in the first half of February 2023, Vietnam exported more than 303,000 tons of steel of all kinds. Vietnam is a reputable and potential source of steel, which is highly appreciated thanks to large corporations such as Hoa Phat Group, Ton Hoa Sen, Nam Kim... In this article, AG������Ϸ Steel will assist you better understand the No.1 enterprise in the field of steel coil production and trading in Vietnam �� Hoa Sen Group.1. Overview of Hoa Sen GroupTon Hoa Sen (Hoa Sen Group) was established on August 8, 2001 with the full name of Hoa Sen Group Joint Stock Company. From a small manufacturing enterprise with a charter capital of only 30 billion VND, Hoa Sen has grown to become a leading steel and sheet metal corporation in Southeast Asia with a charter capital of more than 1.300 billion VND. In 2020, Hoa Sen ranked 18th in the list of 500 largest private enterprises in Vietnam.Currently, Ton Hoa Sen has successfully built a NOF chain system with a series of typical competitive advantages such as:Closed production and trading process of hot rolled steel, including import, production and distribution to final consumer.System of nearly 200 distributors and retailers nationwideEnvironmentally friendly system, protecting nature, oriented towards community valuesProduction system, machinery is continuously invested in new technologyOver 20 years of establishment and development, Ton Hoa Sen has always been loyal to the operating philosophy of "TRUST - COMMUNITY - DEVELOPMENT", towards sustainable and long-term values for the country and the community. In the near future, Hoa Sen Group promises to be a dynamic enterprise, continuing to make breakthroughs, constantly rising to high positions in the world steel map.2. List of activities of Ton Hoa SenCurrently, Ton Hoa Sen is focusing on the main areas of activity such as:Producing steel productsProducing PVC ceiling panelsProducing all kinds of building materialsTrading in construction materials, production materials and consumer goodsHowever, Hoa Sen's main product is still the production and trading of corrugated iron and steel, holding the No.1 position in Vietnam with 40% market share of corrugated iron and 20% market share of steel pipes. According to a report by the Vietnam Steel Association (VSA), in the first 6 months of 2021, Hoa Sen leaded the galvanized steel sheet market when consuming 931,000 tons, accounting for 36.7% of the market share. Hoa Sen Group currently exports to more than 87 countries and territories around the world.3. Scale and production technology of Ton Hoa SenIn the period 2005 - 2007, Ton Hoa Sen successfully operated the galvanized steel sheet production line I with a capacity of up to 50,000 tons/year, the NOF technology plating line with a design capacity of 150,000 tons/year and the steel factory has a designed capacity of 180,000 tons/year.With the main product line is Hoa Sen Gold color coated steel, Hoa Sen Group has invested in modern production technology lines according to American standard ASTM A755/A755M on a closed chain system. As a result, Hoa Sen's products are of high quality, with a plating thickness 3 times higher than that of other common corrugated iron products on the market. The modified layer and high-grade coating system of Hoa Sen Gold corrugated iron are chemical resistant, heat resistant, UV resistant and colorfast over time.Hoa Sen Group's vision not only brings economic value to the country but also establishes long-term human and community values. Therefore, Ton Hoa Sen constantly improves product quality and meets environmental standards in production. Currently, Hoa Sen has clean and advanced technologies and lines such as NOF (oxygen-free furnace) capable of cleaning corrugated iron surfaces effectively and saving energy. In addition, the enterprise also applies modern technological and technical measures to operate the boiler stably and friendly to the environment.4. AG������Ϸ Steel �� sourcing and importing various steel products from VietnamAG������Ϸ Steel is one of the sourcing units, specializing in exporting high quality  steel products to many countries around the world such as the EU, the US, Canada, Australia, Middle East, Southeast Asia... Over 12 years of establishment and development, AG������Ϸ Steel is a key business partner of many of the largest steel factories and enterprises in Vietnam such as Hoa Sen Group, Hoa Phat Group, POMINA, SENDO... With a strategic vision of providing quality products, best prices and bringing the most satisfying experiences to customers, AG������Ϸ Steel has cooperated and accompanied many steel importers in the world for a long time. We always try to support customers all the steps of sourcing, quality control, procedures, customs documents and export in the most accurate and fast way.Hopefully, with the overview news about the largest galvanized sheet group in Vietnam - Ton Hoa Sen that AG������Ϸ Steel has shared, it has helped you understand more about the current Vietnamese steel market. For any questions and need for advice on importing Vietnamese steel, please contact AG������Ϸ Steel via Email [email protected] for 24/7 support.     

Trade remedies are increasingly being applied by many countries through anti-dumping duties. Specifically, Mexico investigates anti-dumping coated flat steel in Vietnam. Facing that unfavorable situation, Vietnam has always expressed its opinion that Mexico is still a potential export destination in the Americas region thanks to the CPTPP.1. Total process of Mexico investigate anti-dumping on coated flat steel VietnamOn August 30, 2021, the Mexican government conducted an anti-dumping investigation based on lawsuits from domestic enterprises against Vietnam's galvanized steel. This incident also marked the first anti-dumping investigation case between the two countries. The parties involved in the lawsuit include domestic Mexican steel manufacturers and some large galvanized steel manufacturers in Vietnam such as Hoa Sen, Nam Kim, Ton Dong A,...On July 28, 2022, the Mexican Ministry of Industry and Trade published the official gazette on the initiation of an anti-dumping investigation against cold rolled steel originating from Vietnam. It is expected that within 130 days from the date of the announcement, the Mexican Ministry of Economy will make a preliminary conclusion on the case.According to the lawsuit filed by the Mexican side, the list of products related to the investigation is under 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, 7225.50.07, and 7226.92.06.On September 15, 2022, after a series of preliminary review and appraisals, the Mexican Ministry of Economy had the final conclusion on the case of anti-dumping investigation on cold-rolled steel products of Vietnam. Specifically, the anti-dumping tax rate applied to these items ranges from 7% to 12.34%.2. The reason for the anti-dumping investigation from MexicoIn the period from 2018 to 2020, steel imports volume from Vietnam have increased significantly, creating a rivalry about production capacity and domestic steel consumption market. The import price of Vietnamese steel is even lower than the domestic steel price, leading to competition from many sides.Through the investigation process, Mexico concluded that Vietnamese coated steel products possess the same specifications and standards of steel grades as domestic steels in Mexico. Moreover, it has the same physical structure and there is no significant difference in chemical composition between Vietnamese steel and Mexican steel.Another factor leading to the anti-dumping investigation related to the distribution channel and consumers of Vietnamese steel in the Mexican market. Specifically, Vietnamese exporters as well as domestic steel manufacturers supply products to the same consumer market, including construction contractors, machinery and equipment manufacturers, auto parts manufacturers...In summary, the Mexican government said that the steel consumption market in Mexico has been unintentionally more complex than ever and there has been rivalry in the trading chain since the participation of Vietnamese enterprises . Many steel producers in Mexico have simultaneously adjusted and reduced selling prices to be able to compete with Vietnamese products.Strong production capacity and preferential prices brought by Vietnamese exporters have changed the situation of the steel industry here. The government believes that if they do not promptly apply the anti-dumping duty, in the future Vietnam's imports will continue to enter the Mexico market in a much larger quantity than the current one. Consequently, this escalating steel import makes the steel industry in Mexico have serious problems.3. Vietnam continue looking for chances when face of competitive pressuresAlthough the Mexican Ministry of Economy has imposed anti-dumping duties on galvanized steel products from Vietnam, it is still not enough to generate an interference of Vietnam steel exporters to the Mexican market.An important factor that has contributed to improving the import-export relationship between Vietnam and Mexico despite the imposition of anti-dumping duties is the influence of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). More specifically, Vietnam and Mexico are still members of the CPTPP, so Vietnam's coated steel products enjoy a preferential import tax rate of 0%. This proves that Mexico is still the most impressive steel market for Vietnam in the Americas region because of the fact that the final price to end users is still cheaper than the price from domestic manufacturers.To sum up, the reality that the anti-dumping investigation against Vietnam's coated steel products is still not enough to hinder the attractiveness of the benefits in the bilateral cooperation relationship between both countries. Vietnam's current steel production capacity also indirectly contributes to improving the economy for Mexico. The reason is that because Mexico mainly exports steel directly to the USA, leading to domestic demand not responding in time, the Vietnamese steel export strategy will be an appropriate choice because it not only helps Mexico to balance equals domestic steel demand but also supports the development of steel exports to the USA. 

Mexico is issuing anti-dumping duty policies to the steel industry imported from China, Taiwan, France, and Vietnam, ... to tighten the dumping situation, causing severe damage to the manufacturing industry's domestic steel production. However, with the efforts of the Vietnamese government in promoting import and export, Vietnamese steel importers in Mexico still enjoy many attractive incentives thanks to the lower anti-dumping duty rate than many other countries.1. Mexico: Increase anti-dumping duty on flat steel imported from ChinaOn April 5/2019, The International Trade Practices Unit (UPCI) of Mexico's Ministry of Economy opened an anti-dumping investigation on stainless steel products from China and Taiwan. Products subject to investigation in the HS code group include 7219.34.01, 7219.35.01, and 7220.20.02. The investigation got its official results on November 21, 2019, when the Mexican authorities imposed a temporary anti-dumping duty on goods imported from China with a duty rate of 88.42 �� 121.46% depending on the company. Until October 2020, Mexico imposed an anti-dumping duty on stainless steel imports from China of $0.05 - $0.63/kg.Mexico's imposition of anti-dumping policies on steel in the market will protect domestic businesses and consumers against "takeover prices" and monopoly prices of importers from foreign companies. However, this also makes Mexican steel importers limited in supply and lose profits from cheap, quality products from abroad.2. Mexico: Extension of anti-dumping duty on some steel products imported from China, France, and GermanyOn June 25, 2014, two of Mexico's leading steel companies, Altos Hornos de México (AHMSA) and Ternium Mexico SA de CV, filed a complaint about dumping by exporters from China, France, and Germany. As a result, on September 12, 2014, the Mexico Ministry of Economy initiated an anti-dumping investigation on imported steel products, including hot-rolled coil, hot-rolled coil, hot-rolled coil plate, coil sheets, or hot rolled bands. The products under investigation are classified under the following HS codes: 7208.3601, 7208.3701, 7208.3801, 7208.3901, 7225.3002, 7225.3003, and 7225.3099.The competent authority of Mexico decided, on May 22, 2015, to impose a temporary anti-dumping duty on the aforementioned imported goods from China, France, and Germany, specifically:The duty rate applied to German steel imports is 36.08%, and ArcelorMittal Bremen GmbH is 25.43%.The duty rate applied to China's steel imports is 78.96%, and Tangshan Iron and Steel Group, Co. Ltd is 72.16%.The duty rate applied to French steel imports is 78.96%, and ArcelorMittal Mediterranée, S.A.S is 12.42%.On December 17, 2020, before the 5-year period of the decision to apply anti-dumping duty, the Mexican authorities conducted a sunset review of the official duty rate for goods imported from France, Germany, and China. Accordingly, Mexico has decided to impose definitive anti-dumping duty on steel imported from Germany of 137 USD/ton for ArcelorMittal Bremen and 166.01 USD/ton for other exporting companies. The duty rate on steel imported from China is $335.60/ton for Tangshan and $354.92/ton for other exporting companies. The duty rate for steel imported from France is 67.54 USD/ton for ArcelorMittal Mediterranee and 75.59 USD/ton for other exporting companies. The duty rate is extended for 5 years, valid from July 23, 2020.3. Solutions to import Vietnamese steel in the context of anti-dumping in MexicoAccording to data from the Trade Remedies Administration of the Ministry of Industry and Trade of Vietnam, Mexico, and Vietnam are all members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). As a result, Vietnam's tariff support regulations grant a preferential duty rate of 0% on many steel products, including coated flat steel. Thanks to this duty advantage, Vietnam's large steel enterprises have boosted exports to Mexico with a total value of up to 220 million USD, with flat-rolled, roller, coated, plated, and coated steel products accounting for nearly 80%. However, this rapid increase in exports has caused serious threats and damage, causing two large steel companies, Ternium Mexico and Teniga, to complain about imported painted flat steel from Vietnam, affecting the domestic steel industry.The Mexico Ministry of Economy began an anti-dumping investigation in August 2021 into imported Vietnamese galvanized steel and painted flat steel products with the following HS codes:7210.30.02, 7210.41.01, 7210.41.99, 7210.49.99, 7210.61.01, 7210.70.02, 7212.20.03, 7212.30.03, 7212.40. 04, 7225.91.01, 7225.92.01, 7226.99.99, 9802.00.01, 9802.00.02, 9802.00.03, 9802.00.04, 9802.00.06, 9802.00.07, 9802.00.00.04, 9802.00.06, 9802.00.07, 9802.0.320, 09.08.09.09.09 9802.00.19.The Unit of International Trade Practices (UPCI) of the Mexico Ministry of Economy issued a decision to reduce tax on steel products imported from Vietnam after the conclusion of an anti-dumping investigation that the industry Vietnamese steel operates under the market mechanism. The new duty rate for Vietnamese steel products ranges from 0-12.34% (from September 14, 2022). Specifically, the duty rate of 12.34% for products of Hoa Phat Group (lower 2.02% than the preliminary duty rate), Ton Dong A is 10.84% (lower 1.24% than the preliminary duty rate), for POMINA  is 8.29%, for Hoa Sen group is 7%, for Nam Kim is to 6.64% and for the remaining companies will decrease 1.5% to 10.84 %.This duty rate is significantly lower than the anti-dumping duty that Mexico imposes on other steel exporting countries. With the preferential duty rate of UPCI, it will help Vietnamese steel enterprises maintain their price advantage and continue to promote steel exports to the Mexico market. Data from the International Trade Center (ITC) 2020 shows that Vietnam achieved 170 million USD from exporting galvanized steel sheet to Mexico and obtained 370 million USD in 2019.Above is information about Mexico's latest anti-dumping duty policy for steel products imported from China, France, Germany, Vietnam,... Hopefully, the updated news of AG������Ϸ Steel has provided importers more suggestions to import reputable and quality steel. Any need to import prestigious and high quality Vietnamese steel, please contact AG������Ϸ Steel via Email [email protected] for the most dedicated support. 

Anti-dumping duty has applied to imported goods with a value lower than the fair market value. The government imposed this duty to protect the market and domestic producers from dumping cheap imports. So what exactly is anti-dumping duty and how is it calculated? Will Vietnam's steel imports be subject to anti-dumping duty?1. What is Anti-Dumping duty?Anti-dumping duty is an import duty levied on foreign goods cost below the fair market value of similar domestic goods. Anti-dumping duties protect domestic producers and markets from unfair price competition of foreign imports.The anti-dumping duty rate can range from 0 to 550% of the invoice value of the goods. The formula for calculating anti-dumping duty is as follows:Anti-Dumping Duty = Normal Value �� Export ValueIn which the normal value is the local market price of the goods. If the country does not produce the good, the government will refer to the price of any similar product available in the local market. In the absence of similar goods, the Government will consider the duty rate based on the cost of production and apply a reasonable profit to calculate the normal value.2. Drawbacks of anti-dumping dutyAlthough anti-dumping duty is enacted to protect the profit of enterprises and the domestic economic market, it also causes certain damages and obstacles to imports.Anti-dumping duty can hinder free trade between countries, importers lose the supply of cheap and quality goods, reducing profits significantly in the long run. The second thing is that consumers can end up paying higher prices. The effects of anti-dumping duties will limit the entry of foreign companies, harming the economy of the country imposing the duty.3. WTO Regulations on Anti-Dumping MeasuresThe World Trade Organization plays an important role in the regulation anti-dumping measures around the world. The WTO does not participate in activities to punish dumping companies but has the power to regulate and intervene in the decisions of countries to impose anti-dumping duties.Anti-dumping measures must be approved by the WTO before they are enacted, whether they go against free-market principles. According to the WTO Anti-Dumping Agreement, the government must prove that dumping by foreign sellers is threatening and seriously affecting the domestic market.When finding reasonable evidence, the WTO laid down several provisions:The results of the anti-dumping duty will be valid for 5 years if no amendments, supplement or order to cancel this policy before the expiry of the term.Before the expiry of anti-dumping measures, the government can conduct a sunset review to check whether the duty rate is still appropriate in the real situation. If the results show that stopping the imposition of anti-dumping duties will cause further injury, the anti-dumping duty will be applied for another 5 years. 4. Anti-dumping investigations on Vietnamese exports4.1. The US marketThe United States is one of Vietnam's major export markets, accounting for 29.5% of total exports in 2022 with an export value of 109.4 billion USD, up 13.6% compared to 2021. The US also assessed anti-dumping measures to international seller. According to WTO statistics, by the end of December 2022, the United States has investigated 53 trade remedies against imported goods in Vietnam, of which the investigated items mainly include products steel, wire rod, heavy-duty solar battery,...According to the latest investigation results, the US has preliminary concluded that Vietnam is not subject to trade remedy tariffs on stainless wire rod, so domestic importers still benefit from the cheap steel supply of Vietnam.4.2. Canadian marketAccording to WTO statistics, by the end of June 2022, Canada has investigated a total of 362 cases and imposed trade remedies duty on 230 cases. Since 2021, Canada has not initiated a new investigation into Vietnamese exports. Currently, Canada is imposing anti-dumping duties on 7 types of products imported from Vietnam, including: carbon welded steel pipes, cold rolled steel, reinforced concrete, copper pipe fittings, anti-corrosion steel plates, oil casting pipe and upholstered seats.In 2022, Candana conducted a sunset review of Vietnam's oil country tubular goods  products and decided to impose an anti-dumping duty of 37.4% on all OCTG exporters. This duty rate will be valid from September 6, 2022.4.3. Mexican marketBy the end of June 2022, Mexico has investigated two anti-dumping cases with galvanized and cold rolled steel products of Vietnam. In September 2022, the Government made preliminary conclusions on the anti-dumping duty rate applied to Vietnamese exporters from 0 to 12.34%.4.4. European marketThe European Union (EU)According to WTO statistics, the EU has applied a total of 408 trade remedy measures against imported goods worldwide. For Vietnam, currently the EU is only applying anti-dumping tax on steel products. After periodic review in December 2021, the European Commission has made the final decision that a number of Vietnamese steel products exported to the EU will be subject to common quotas with other countries on a quarterly basis until the end of 30 years. June 2024.The UKAccording to the agreement to withdraw from the EU from January 1, 2021, the UK is no longer a member of the EU, so the application of trade remedies will proceed independently between the EU and the UK. For Vietnam, the UK is currently applying only one safeguard measure for steel products.In June 2022, the UK Trade Remedies Authority officially applied separate tariff quotas on a quarterly basis and residual tariff quotas for a number of steel products imported from Vietnam has be valid from July 1, 2022 to June 30, 2024.4.5. Australian marketAccording to data from the General Department of Customs, the total export turnover of Vietnam to Australia reached 5.6 billion USD, up 26.2% compared to 2021, in which, the export of iron and steel of all kinds reached 208 million USD. By the end of June 2022, Australia has investigated 18 trade remedies related to Vietnamese exports. In 2022, Australia officially lifted the anti-dumping duty on shaped aluminum products imported from Vietnam.4.6. Indian marketAccording to World Trade Organization statistics, in 2022, India investigated 30 trade remedies against goods imported from Vietnam. Currently, there are 10 trade remedy measures being applied and 17 cases have expired anti-dumping duties, including products such as galvanized aluminum-zinc alloy steel, flat rolled stainless coil. Therefore, if importing these goods from Vietnam, you can benefit from the anti-dumping duty rate of 0%.Hopefully with the latest news about the anti-dumping duty rate for steel products imported from Vietnam, it has helped you to have more choices of high quality goods. Any demand on importing Vietnamese steel, please contact AG������Ϸ Steel via Whatsapp: +84 76 911 2358 for the best support.     

Hot rolled coil is one of the materials with high application in industry and construction worldwide thanks to advantages such as easy processing, custom forming, low cost, easy maintenance,... AG������Ϸ Steel will introduce to you the benefits of products as well as preeminent hot rolled coil production technology in Vietnam.1. What is hot rolled coilHot rolled coil is at high temperatures up to 1,700 degrees F. This is a higher temperature than the crystallization temperature of many other steels, which makes hot rolled coil products easier to apply. Products are manufactured in many different thicknesses, usually with a width of 1500mm or 2000mm and a minimum weight of 24 tons.The surface of hot-rolled coil will initially be a grayish-green color when finished, but it will eventually turn a dark brown color. Assuming that HRC is traded from Vietnam to different nations, the surface might go to gold because of the impact of ocean steam.2. How is hot rolled coil producedManufacturers can use scrap steel or iron ore to make hot rolled coil. The process of processing scrap steel is relatively simple when it is only necessary to classify the materials to transfer to an electric arc furnace (EAF) or an induction furnace (IF) to smelt into square billets and roll out hot rolled coil.More expertise and technology are required to produce hot rolled coil from iron ore. In the first step, iron ores are sintering, combined with coke coal and other additives such as lime, dolomite put into the iron furnace. Next, the liquid iron is transferred to the continuous smelting - casting - rolling combination to make the necessary steel grades and cast flat billets.  The flat billet will then be processed at the steel mill to produce the final product, hot rolled coil or cut sheet.3. Vietnam's cutting-edge technology for producing hot-rolled coilsFormosa and Hoa Phat are the two largest producers of hot-rolled coils in Vietnam at the moment. Hoa Phat Group has made an investment in the QSP hot-rolled coil factory, which is the most advanced continuous casting-rolling complex in the world. The complex of hot-rolled coil production lines includes 2 sheet billet casting machines, 2 Tuynel furnaces and a thin sheet rolling mill with a total output of 3.5 tons per year. All equipment and machinery of the factory are designed, supplied and installed by Danieli Group (Italy) with a commitment to modern thin sheet rolling lines, ensuring the highest HRC quality and minimizing energy consumable and environmentally friendly.4. Application of hot rolled coilHot rolled coil has the preeminent advantage of being cheap, easy to shape and preserve, but is not appreciated for its aesthetics, so it is often suitable for construction projects that do not require high form outside. Hot rolled coil is the main raw material for the production of cold rolled coil and widely used in many other fields and industries, such as:Manufacturing all kinds of section steel (V, U, I, H,��), welded pipe, cast steelRailways, automobile manufacturing, shipbuilding, chassisProcessing household appliances, metal door frames, tempered glass doors��5. How to import hot rolled coil from VietnamAccording to statistics of the Vietnam Steel Association (VSA), in March 2022, Vietnam exported 6,800 tons of hot rolled coil to the US, ranking fifth in the US's largest supplier of HRC. Currently, Hoa Phat Group's two hot-rolled coil production projects are Hoa Phat Dung Quat 1 has a capacity of 4 million tons per year and Hoa Phat Dung Quat 2 has a capacity of 5.6 million tons per year, including 2.6 million tons of steel billet and 3 million tons of HRC annually. Vietnam has been able to meet both its domestic and export requirements as a result of this, reducing its reliance on imports.Vietnam's hot rolled coil is made using a cutting-edge European continuous rolling casting production line that complies with stringent international standards like ASTM, JIS, and GB/T. In addition to the high quality of the product, the low cost of labor, and many other advantages, Vietnam's hot rolled coil production cost is better than that of some other exporting nations. This is also the driving force for many importers who want to buy hot rolled coil in Vietnam but still face difficulties in purchasing policy, legal and domestic customs.The current solution for steel importers from Vietnam is to find suppliers and sources to connect with the largest domestic steel corporations. This also helps you to reduce the risk of fraud, scam or avoid poor quality steel companies due to lack of understanding of domestic supply. In addition, before the continuous fluctuations of the market, the government may change import and export procedures and regulations without prior notice, making steel importers passive in updating information. Customers will save a lot of time, effort, and money on transportation if intermediary supply businesses provide prompt assistance, as well as ensure that imported goods are safe, accurate, and of high quality.Hopefully through the overview information about hot rolled coil and advanced HRC production technology in Vietnam that AG������Ϸ Steel shared has helped you gain more useful knowledge. For any advice on importing Vietnamese steel in general and hot rolled coil in particular, please contact AG������Ϸ Steel via hotline +84 76 911 2358 for 24/7 attentive support.

According to the new updated data from the Mexican Iron and Steel Association, HRC consumption reached 445,000 tons in March and increased 19.6% over the same period last year. The recent rise in consumption is not a new sign, it has been recognized since 2022. HRC (hot rolled coil) is considered to be the most consumed steel product in the Mexico steel market with the number touching 4.66 million tons.Regarding the import and export report in March, Mexico's HRC export volume showed signs of decline when it decreased by 60% and only reached 18,000 tons. In contrast, the volume of imported HRC steel recorded a significant growth when it reached 117,000 tons and there is a substantial difference between import and export volume.Similarly, HRC production also recorded a rapid escalation with a figure of 346,000 tons and it rose 15.9% compared to February as well as it increased 12.3% over the same period last year. The reason for this growth comes from the establishment of hot-rolled steel mills that have contributed certainly to the climbing of Mexico’s HRC output. The Mexican representative expressed the desire to develop its autonomy in steel production, thereby helping them strengthen the domestic market as well as reduce dependence on importing hot-rolled coil from foreign.Although Mexico is currently pursuing the strategy of self-reliance in hot-rolled steel production to replace imports, there are still some steel products that force Mexico to depend on imports. According to forecasts from many experts, the demand for main steel products including HRC, CRC and galvanized steel sheet will increase in the long term because the Mexican government has planned to invest in the auto industry.It can be seen that the demand for steel in Mexico is still very strong and is considered a potential market for many exporting countries. Mexico is an impressive galvanized steel export market for Vietnam steel businesses because Vietnam steel products are received a preferential tax rate of 0% based on the commitment of the Comprehensive and Progressive Agreement for Partnership Agreement. Trans-Pacific Partnership (CPTPP). 

On November 16, 2022, the European Commission (EC) imposed definitive anti-dumping duties on electrolytic chromium coated steel (ECCS) originating from China and Brazil. Despite complaints from the China Iron and Steel Association (CISA) about the decision, the EC rejected the arguments and upheld the results. Will the EU's anti-dumping policies and regulations on Brazil and China help Vietnam enhance its advantage in importing steel to the EU?1. EU: Imposing temporary anti-dumping duty up to 77.9% on chromium coated steel from BrazilProducts made of chromium-coated steel, such as iron or non-alloy steel, that are plated or coated with chromium oxides or with chromium and chromium oxides, play a significant role in industries and consumer packaging. It is frequently used in food packaging or as optical fiber protection material and other electronic parts. The ECCS market value in the EU is up to 500 million Euros.On September 24, 2022, the European Steel Association Eurofer represented ArcelorMittal Atlantique et Lorraine (France), ArcelorMittal Etxebarri (Spain); ThyssenKrupp Rasselstein (Germany) and Acciaierie d'Italia, which account for 85-95% of ECCS output and revenue in the EU steel industry, requested an investigation into the dumping status of products imported from Brazil and China.On May 23, 2022, the European Commission made the decision to impose a temporary anti-dumping duty on the import of electrolytic chromium coated steel from China and Brazil with the CN codes 7210 50 00 and 7212 50 20. The anti-dumping duty rate will change for every business, specifically:For Baoshan Iron & Steel from China, the duty rate is 33.2%.For Handan Jintai Packaging Material, the duty rate is 53.9%.For GDH Zhongyue (Zhongshan) Tinplate Industry and Shougang Jingtang United Iron & Steel subject to a temporary duty rate of 36.7%For other manufacturers from China, when exporting ECCS to the EU, they face a temporary duty rate of 77.9%.Meanwhile, Brazil's Companhia Siderrgica Nacional (CSN) is subject to a provisional anti-dumping duty of 52 percent from the EU. The declaration of the final anti-dumping measures is anticipated for November 23, 2022.2. EU: Imposing definitive anti-dumping duty up to 53.2% on chromium coated steel from BrazilAccordingly, the European Commission has imposed an official anti-dumping duty from 30.7 to 77.9% on electrolytic chromium coated steel originating from China and Brazil, valid for 5 years from November 16, 2022.The EC said that the dumping of steel into the EU market has caused serious damage to domestic producers and the EU industry. The EU market share of China and Brazil has increased abnormally from 13.1% in 2018 to 15.4% in 2022.With the final tariff decision issued, exporters of electrolytic chromium coated steel from China and Brazil are subject to a duty rate of 239-607 euros per ton. Baoshan Iron & Steel Co of China's ECCS products are subject to a 30.7% anti-dumping duty; Handan Jintai Packaging Material is 53.9%; GDH Zhongyue (Zhongshan) Tinplate Industry is subject to a duty rate of 34.6%; the rest of Chinese companies is 77.9%. ECCS products from Companhia Siderurgica Nacional (CSN) and other Brazilian companies are subject to an anti-dumping duty of 53.2%.3. Advantages of exporting Vietnamese steel to the EU marketAccording to a report from the Vietnam Steel Association (VSA), Vietnam exported more than 2.28 million tons of steel in the first three months of 2022. The EU ranked second in terms of Vietnam's steel export market, with more than 19 percent of the industry's export share. In July 2022, Vietnam also exported steel to major markets such as the EU with 1.1 million tons, up 18.1% over the same period in 2021.The bright spot in the picture of steel exports to the EU cannot ignore the advantage from joining the EU - Viet Nam Free Trade Agreement (EVFTA) from August 2020. The EVFTA has supported the export of many groups of products to the EU market, including steel products with many duty incentives that the Agreement brings.4. EU imports steel from Hoa Phat Group, Ton Dong ACurrently, in the context of the tense war between Russia and Ukraine, it is also an important event that changes the situation of Vietnam's steel exports to the EU. In early 2022, the EU decided to ban iron and steel imports from Russia as a sanction of the European Union. Russia ranks second in steel exports to the EU (after Türkiye) with a share of about 14.1% for flat steel and 19% for long steel.Turkey is one of Vietnam's biggest competitors in exporting steel to the EU because it has certain advantages in terms of distance, transportation, culture,... However, currently, Turkey is also in the stage of reorganization and construction to overcome the terrible consequences after the earthquake in February 2023. All these factors make the supply as well as the cost of steel production in the EU increase at an alarming rate.A limited amount of steel exports to the EU will create opportunities for Vietnamese steel exporters to access this market. Typically, Ton Hoa Sen, Ton Nam Kim, Ton Dong A, Hoa Phat, etc. with revenue growth in 2021 mainly thanks to exports to the EU market.Under the escalation of the world economic and political situation, the steel import market in the EU is still volatile and unpredictable changes. So, don't forget to follow AG������Ϸ Steel to update more latest world steel news articles. For all inquiries and contact to import Vietnam steel, please contact Hotline +84 76 911 2358 for 24/7 support.

Improving steel quality is currently an important foundation for promoting the integration process, economic exchanges, and the expansion of trade exchanges among Vietnamese steel enterprises. Today, customers focus on product quality rather than price, so if you want to retain customers, you need to build a steel quality system.  In the international market, Vietnamese steel is increasingly appreciated for producing steel products that are both quality and affordable.Why improve steel quality?For businesses, improving steel quality is the most useful way to compete and attract customers. In today's conditions, improving product quality is one of the strategies to survive and develop businesses in a sustainable way and is also an important basis for promoting the process of integration, economic exchanges, and expanding international trade exchanges between enterprises. Product quality is critical for improving competitiveness and confirming the position of enterprises' products, goods, and brands in today's fiercely competitive market. Improving steel quality is not only important for businesses but also for the entire economy.When quality is guaranteed and improved, the number of products consumed increases, contributing to the creation of conditions for business development. In fact, Vietnam is now a country with a very strong steel industry in the region, and Vietnam steel has risen to 13th in the world. Improving Vietnam's steel quality close to the world, in particular, is one way to help the steel industry develop sustainably in the future and meet the stringent requirements of global markets. Vietnam's steel quality is improving day by dayIn recent years, Vietnam's steel industry has made significant progress and plays an increasingly important role in the steel industry in Southeast Asia. Vietnam currently holds the No. 1 position with 34% of total finished steel production in the region. Therefore, the requirements for steel quality in domestic and foreign markets are becoming increasingly strict. Vietnamese steel enterprises have invested trillions of VND to produce high-quality steel products favored by major markets in the world. The use of modern technologies and machines improves steel quality, allowing it to meet stringent requirements set by international standards for export and compete in demanding markets. Currently, Vietnamese steel has been exported to many countries and territories, especially the European and American markets. These are markets with very high requirements for product quality, which has also confirmed that Vietnam's steel quality is tending to go up. Opening a new step forward for our country's steel industryDuring the period of formation and development, Vietnam steel has constantly grown and brought to the market quality products with a variety of designs to meet the needs of the market. Vietnamese steel is also manufactured according to the standards of leading developed countries such as the US, UK, and Japan. Today, the steel quality of Vietnamese companies is increasingly gaining a foothold, and that also confirms a new step for Vietnam's steel industry on the world steel map.Vietnam steel - Leading in quality In the Vietnamese market, steel quality is always the top priority of enterprises. Steel products in Vietnam are strictly controlled according to ISO quality management systems such as ISO 9001:2015, ISO 17025:2017, and ISO 14001:2015 before being launched into the market. To achieve quality products, businesses all focus on investing in modern lines and equipment, regularly improving and upgrading equipment,... Vietnamese steel enterprises invest in training and improving employees' skills and abilities in addition to technology, equipment, and management software. Vietnamese enterprises have made investments to ensure the highest level of steel quality, which will be promoted in the future in order to maintain the reputation of Vietnamese steel branded products among customers.goods at home and abroad. Contributing to the development of Vietnam's steel industry in the world steel market. 

With a capacity of 1.5 million tons/year, Pomina Steel Corporation is one of the largest construction steel factories today. Pomina's products fully meet the needs of domestic and foreign steel markets.1. Company introduction: Pomina Steel CorporationPomina Steel Corporation is one of the leading steel companies in Vietnam, established in 1999. Including a chain of three construction steel mills and steel mills: Pomina 1 Steel Factory, Pomina 2 Steel Joint Stock Company, and Pomina 3 Steel Billet Factory. Pomina is considered one of the most prestigious and high-quality private steel production groups in the industry. Currently, Pomina owns a system of 800 stores that distribute products nationwide. Pomina is also one of the largest and most modern factories in Vietnam, with a total annual capacity of 1.1 million tons of construction steel and 1.5 million tons of billet.With the goal of bringing "core of life" products, Pomina Steel Corporation team is constantly striving to bring high-quality products as well as a variety of designs to meet the needs of the market. Pomina's products always uphold the criteria of durability, beauty, safety, affordable prices, and especially environmental protection.2. Product catalog of Pomina Steel CorporationPomina Steel Corporation specializes in manufacturing construction steel products, mainly deformed bar and wire rod. Pomina's steel products all meet TCVN 1651 - 1:2008 standards in addition to other standards such as JIS G3112:2010-ASTM A615/A615M-09B-BS 4449:1997. 2.1. Deformed barDeformed bar, also known as steel bar or rebar, usually has a diameter ranging from D10 mm to D40 mm. Before being rolled, steel billets undergo strict testing to ensure that the quality of the steel when produced meets quality standards. Pomina's deformed bar products are superior in terms of bearing strength, high durability, and suitability for industrial and civil projects, so Pomina Steel Corporation the product is always popular and used. Steel is produced on modern technological lines with high quality, ensuring safety and environmental friendliness.2.2. Wire rodWire rod with diameters such as phi 6, 8, 10, manufactured according to TCVN 1651 - 1: 2008. Steel is produced in a modern, uniform and closed production line in the whole process. As a result, Pomina Steel Corporation products have improved product quality, increased production capacity and met the consumption needs of consumers. Since production materials are always strictly tested along with modern steel rolling technology, Pomina Steel Corporation products have bearing strength, durability, and high resistance to the effects of the natural environment. 3. Advantage of Pomina Steel CorporationPomina Steel Corporation has the advantage over other businesses that it only focuses on a specialized product line in a certain market. Currently, Pomina's main product line is construction steel and Pomina focuses on the southern key regional market instead of the whole country like other businesses. In addition, Pomina Steel Corporation also focuses financial resources to increase billet and construction steel rolling capacity in the southern market to enhance its position and strength in this segment compared to other competitors in the region. Vietnam market.In Vietnam, with technology Consteel Pomina Steel Corporation is the first steel plant to operate this technology into the production process with a line fully invested with modern equipment from advanced countries in the world. Consteel technology completely removes slag and impurities, and focuses on recreating the source of recycled materials with a wastewater treatment system that meets the double-circulation standard, without discharging into the environment. With the right and synchronous investment, Pomina Steel Corporation is proud to bring quality steel products, while fully meeting the strict requirements of the market. We have just reviewed the overview of the Pomina Steel Corporation at AG������Ϸ Steel. If you have any questions or concerns, please contact us. Hotline: +84 76 911 2358Email: [email protected]

In the past, Vietnam imported all hot rolled coil from foreign countries. However, with large investment, enterprises in Vietnam have become self-sufficient in hot rolled coil steel production capacity to meet market demand.Assessment of Vietnam's HRC steel production capacityVietnam's steel production capacity has increased sharply since the 2010s. With a long-term vision and strategy, the assessment of the world and domestic market demand for hot rolled coil products is very high compared to before, especially as China is putting pressure on global hot rolled coil supply. Many Vietnamese enterprises have decided to invest in hot rolled coil production and make this product a major export in the future.Hot rolled coil is one of the steel products that Vietnam has not been able to produce before. The proactive production of hot rolled coil also helps Vietnam become more self-reliant in its steel production capacity. Actively source input materials for the production of steel pipes, galvanized corrugated iron, container casings, shaped steel, and industrial steel, providing high-quality products at competitive prices for other mechanical factories in Vietnam. Currently, in the Vietnamese market, only 2 enterprises, Formosa Ha Tinh Steel Corporation and Hoa Phat Group, can produce this product. This is the pride and a product that demonstrates the maturity of Vietnam's steel industry.Formosa - Vietnam’s leading HRC steel production capacity Formosa Ha Tinh Steel Corporation is one of the factories with large steel production capacities in Vietnam. Formosa is the largest closed iron and steel complex in Southeast Asia today. The first smelter began to be commissioned to produce billets in May 2017. Formosa Ha Tinh Corporation is a pioneer in hot rolled coil manufacturing in Vietnam. December 25, 2015 Formosa Ha Tinh Corporation has launched a hot rolled coil product; this is the first time hot rolled coil is produced in the Vietnam market.Currently, Formosa's hot rolled coil steel production capacity still leads the market, but it has lost its unique position when it has to share market share with Hoa Phat. Formosa's main market is still the South, with more than 60% of the consumption in this market. Formosa is known as a private enterprise that builds facilities, machinery systems, and lines to produce steel from iron ore with high quality and on a large scale to meet domestic and export steel demand. Currently, with 2 furnaces, Formosa has raised its total steel production capacity to about 7 million tons per year.Hoa Phat - The leading HRC steel production capacity in VietnamHoa Phat is one of the enterprises with the largest steel production capacity in Vietnam. Besides Formosa, Hoa Phat is the only domestic enterprise that can produce hot rolled steel coils. At Hoa Phat Dung Quat Iron and Steel Production Complex (the Complex), hot rolled coil is the most important highlight. In January 2021, after 4 blast furnaces came into operation, hot rolled coil became a strategic product for Hoa Phat's new development cycle. May 2, 2020, Hoa Phat launched the first batch of hot rolled coils, this is an important event marking the outstanding steel production capacity of Hoa Phat Group. 8/2022, after nearly 3 years of operation, the 5 millionth tonne of hot rolled coil has been produced at Hoa Phat Iron and Steel Complex, thereby affirming the No. 1 position of Southeast Asian steel manufacturers.Hoa Phat's investment in the production of hot rolled coil contributes to helping domestic enterprises to be self-sufficient in raw materials and increase steel production capacity. Hoa Phat will implement the Hoa Phat Dung Quat 2 Iron and Steel Complex project with a capacity of 5.6 million tons of hot rolled coil/year, bringing the total annual hot rolled coil capacity to 8.6 million tons from 2025.Hot rolled coil production output is increasing with stable quality according to JIS G3101-2017 (Japan) and SAE: J403-14 (USA) standards. Besides satisfying domestic partners and customers, Hoa Phat's hot rolled coil has been exported to markets such as the US, Mexico, EU, Malaysia.... In 2022, Hoa Phat's hot rolled coil sales volume will reach more than 2.6 million tons, bringing Hoa Phat's total steel production capacity to 8.5 million tons of steel/year.