Steel producers face gloomy business results despite huge potential

Sunday, Oct 23, 2022

The huge potential market is mainly driven by large investments and favourable tax policies, but the business picture in the third quarter of 2022 of these enterprises is facing many challenges with large losses.

Steel firms report declining profits in Q2

Monday, Jul 25, 2022

Many steel enterprises saw profits by up to 90 per cent in Q2 of this year, amid plunging steel prices.

SMC lifts profit target on steel industry's positive outlook

Saturday, Mar 27, 2021

Thanks to the optimistic outlook of the steel industry in the long-term on stronger demand from the recovery of the construction industry, SMC Trading Investment JSC doubled this year''s profit after tax target.

SMC to pay 40% dividend

Friday, Mar 23, 2018

SMC Trading Investment JSC has announced it will pay 40 per cent of dividends in 2017, with 10 per cent in cash and 30 per cent in shares.

New steel plant opens in HCM City

Friday, Dec 20, 2013

SMC Trading Investment JSC inaugurated its new steel manufacturing plant, worth VND175 billion (US$8.33 million), in HCM City on Wednesday.