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Maruichi Sun Steel Joint Stock Company (Công Ty Cổ Phần Maruichi Sun Steel) (Vietnam)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel | Metal Service Centers and Other Metal Merchant Wholesalers
Secondary Activities: All Other Fabricated Metal Product Manufacturing | Metal Service Centers and Other Metal Merchant Wholesalers
Full name: Maruichi Sun Steel Joint Stock Company Profile Updated: January 16, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Maruichi Sun Steel Joint Stock Company (SUNSCO) is a Vietnam-based steel tube and pipe manufacturer with 100% foreign investment, backed by Japan's Maruichi Steel Tube, Toyota Tsusho, and JFE Steel. The company produces welded steel pipes and tubes and related steel coil products serving construction, mechanical engineering, automotive, furniture, and industrial infrastructure applications. Its product portfolio includes round, square, and rectangular hollow sections, structural and mechanical pipes, and coil-based inputs processed to Japanese and Vietnamese standards. SUNSCO operates large-scale manufacturing plants in southern Vietnam with integrated processes for slitting, forming, high-frequency welding, galvanizing, sizing, finishing, and laboratory testing, supported by advanced quality systems derived from Japanese shareholders. The company distributes nationwide through dealer and project channels and exports meaningful volumes to regional markets, benefiting from strong port access and shareholder-linked customer networks. Key assets include high-capacity ERW pipe mills, galvanizing lines, and the SUNSCO brand associated with Japanese-quality positioning. Strategically, the company is positioned as a premium steel-tube supplier emphasizing strict quality conformance, stable delivery for large projects, continuous technology upgrading, and expansion of product sizes and grades to support Vietnam's infrastructure growth and industrial import-substitution demand.

Headquarters
Road Dt743, Dong Tac Quarter Tan Dong Hiep Ward
Di An City; Binh Duong Province;

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Website: https://maruichisunsteel.com

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 10, 2008
Key Executives
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General Director
Ownership Details
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82.27%
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9.73%
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8%
Subsidiaries
Agrimeco & Jfe Steel Products Co., Ltd.
Gecoss Vietnam Company Limited
Tovecan Corporation Limited
Company Performance
Financial values in the chart are available after Maruichi Sun Steel Joint Stock Company (Công Ty Cổ Phần Maruichi Sun Steel) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
7.82%
Total Operating Revenue
7.78%
Operating Profit
-8.47%
EBITDA
-23.8%
Net Profit/Loss for the Period
-4.88%
Total Assets
-9.19%
Total Equity
17.93%
Operating Profit Margin
-0.82%
Net Profit Margin
-0.68%
Return on Equity (ROE)
-2.62%
Quick Ratio
3.34%
Cash Ratio
0.94%

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