Thong Nhat Flat steel Joint Stock Co
UUPCOM:TNS3,400.00
VND
-400.00
(-10.53%)
Thong Nhat Flat steel Joint Stock Co
UPCOM:TNS
(Unlisted Public Company Market)
Recent
price
3,400.00
P/E
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yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Thong Nhat Flat Steel Joint Stock Company is a Vietnam-based steel manufacturing and processing enterprise primarily engaged in the production, toll processing, and commercial distribution of cold-rolled flat steel products. The company operates through three principal business segments: Flat Steel Manufacturing, Processing Services, and Material Trading. Its product portfolio comprises cold-rolled steel coils (CRC) manufactured in various thicknesses, hardness grades, and width specifications for drawing, forming, and structural applications; pickled and oiled (P&O) steel coils; precision slit steel strips; cut-to-length steel sheets; and secondary steel materials. Through its processing operations, the company provides custom industrial steel tolling services, including continuous pickling and descaling; cold reduction rolling; bell annealing; temper skin-pass rolling; longitudinal slitting; and transverse shearing for steel service centers and industrial end-users. Additionally, the company engages in the trading and distribution of hot-rolled steel coils (HRC), steel billets, scrap metals, and steelmaking consumables. Thong Nhat Flat Steel Joint Stock Company caters to diverse downstream industries, including pipe and tube manufacturing, construction fabrication, container production, hardware, household appliances, and automotive component stamping. The company operates primarily across the domestic market of Vietnam, with key commercial distribution hubs located in Ba Ria - Vung Tau, Dong Nai, Binh Duong, and Ho Chi Minh City, alongside regional export channels across Southeast Asia. The enterprise operates as a member entity within the Vietnam Steel Corporation (VNSTEEL) network. In recent developments, the company has implemented operational restructuring initiatives aimed at optimizing production yields and reducing energy consumption across its cold-rolling and slitting lines amidst regional raw material price volatility. The company has also expanded its specialized toll-processing contracts, deepened feedstock supply coordination with VNSTEEL and regional hot-rolled coil manufacturers, and enhanced quality control protocols to meet precision manufacturing standards for industrial clients. Founded in 2007, Thong Nhat Flat Steel Joint Stock Company is headquartered in Phu My Town, Ba Ria - Vung Tau Province, Vietnam.