Csgt Metals Vietnam Joint Stock Company (Vietnam)

The subject - CSGT METALS VIETNAM JOINT STOCK COMPANY is involved in processing all kinds of flat steel products (such as hot rolled steel sheet in coil (HR); hot rolled steel sheet in coil pickled and oiled (P.O); cold roll steel sheet in coil (C.R); so on).From license, CSGT INTERNATIONAL CORPORATION is the biggest shareholder of CSGT METALS VIETNAM with 59.957%. In fact, some of its shareholders are members of CSC GROUP – this group participated in many fields as steel business, engineering business, industrial material business, trading & logistic business, etc. According to the latest adjustment, Mr. SHAO TU SHENG undertakes a top management position as General Director of this firm.Vietnam Steel Association (VSA) assesses that, for Vietnam's steel industry, 2022 was a challenging year when the domestic consumption market declined, the price of steel production materials fluctuated, and many steel enterprises fell into difficult situations and suffered from losses. Forecasting the situation of the steel market in 2023, some experts believe that fierce competition in the domestic market, tight monetary policies, increasing interest rates, and escalation of exchange rates may negatively affect the economy and the needs and production and business activities of companies within the industry.