The subject is wholly owned by Smc Trading Investment Joint Stock Company. The company specializes in processing hot-rolled steel plates. Materials and machines are imported from South Korea, Japan, Taiwan and China… to serve the production. Currently, the subject has no export activities. All its products are consumed in domestic market.In general situation, after more than a year of sublimation, steel manufacturing enterprises are entering a business cycle of deceleration because of falling steel prices. Currently, industry pressure not only due to weak global demand, but the fall in steel prices is also a consequence of the real estate control process. Besides, the increase of electricity price in Nov 2023 will affect on steel manufacturing companies. According to the Vietnam Steel Association (VSA), the steel market will continue to face difficulties in the end of 2023. Subject is subsidiary of SMC TRADING INVESTMENT JOINT STOCK COMPANY. Many companies of this group got losses in FY 2022. In current situation, we decided to adjust default risk and not give out credit limit.
Headquarters
Lot 33, Trung Tam Street, Tan Tao Industrial Park, Tan Tao Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Contact Details: Purchase the Smc Tan Tao Company Limited (Công Ty Tnhh Một Thành Viên Smc Tân Tạo) report to view the information.
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