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Vnsteel - Southern Steel Company Limited (Công Ty Tnhh Mtv Thép Miền Nam - Vnsteel) (Vietnam)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Secondary Activities: Wholesale Trade | Metal Service Centers and Other Metal Merchant Wholesalers | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) | Truck Transportation | Warehousing and Storage
Full name: Vnsteel - Southern Steel Company Limited 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

VNSTEEL – Southern Steel Company Limited (Southern Steel; Thép Miền Nam) is a Vietnam-based steel manufacturer and a subsidiary of Vietnam Steel Corporation (VNSTEEL). Operating a major long-steel plant in Phu My I Industrial Zone, Ba Ria–Vung Tau Province, the company produces construction steel products including billets, rebar, and wire rod in standard grades serving civil construction and infrastructure. Its operations incorporate electric arc furnace steelmaking, continuous casting, rolling, and testing, aligned with Vietnamese and export standards. Southern Steel supplies construction contractors, distributors, and industrial buyers through nationwide VNSTEEL channels, with a concentration in southern Vietnam's high-demand markets, and maintains selective exports to regional customers depending on market conditions. Key assets include its Phu My steelworks, established “Thép Miền Nam” brand recognition in rebar and wire rod, and integration into VNSTEEL's upstream supply and distribution ecosystem. Strategically, the company positions itself to sustain leadership in southern Vietnam's long-steel segment by focusing on stable billet-to-finished integration, energy and yield efficiency, product quality consistency, and disciplined capacity utilization amid cyclical construction demand.

Headquarters
Phu My I Industrial Park, Phu My Ward
Ho Chi Minh municipality; South Eastern Vietnam;

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Website: https://www.thepmiennam.com.vn

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 10, 2014
Key Executives
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General Director
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Chairman
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Deputy General Director
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Deputy General Director
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Advisor
Ownership Details
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100%
Subsidiaries
Southern Steel Sheet Co., Ltd
Vnsteel - Hochiminh City Metal Corporation
Vnsteel Thang Long Coated Sheets Joint Stock Company
Company Performance
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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
-13.81%
Total operating revenue
-13.81%
Operating Profit/Loss (EBIT)
-66.53%
EBITDA
-66.99%
Net Profit/Loss for the Period
-78.68%
Total Assets
-11.79%
Total Equity
0.33%
Operating Profit Margin (ROS)
-0.52%
Net Profit Margin
-0.53%
Return on Equity (ROE)
-4.4%
Debt/Equity
-28.09%
Quick Ratio
-0.04%
Cash Ratio
0.1%

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