We believe you were happy and safe spending time with your family and friends during this New Year.
We hope this New Year brings a lot of opportunities for you with greater excellence. We hope by each passing day our business relation builds stronger and better...
Today's topic is:
・Renewed ISO 9001 & 14001 Certificates
・Steel market move
・Ho Chi Minh City - Transforming
We are always with you.
Renewed ISO 9001 & 14001 Certificates
Daiwa Lance International has always been keen on following international standards towards manufacturing, the factory got its 1st ISO 9001 certificate in the year 2001 and then the ISO 14001 certificate in the year 2011.
Recently DLI has renewed their certification of ISO 9001: 2015 and ISO 14001: 2015 approved by Bureau Veritas on 8th of Jan 2021.
DLI is always very active on performing customer survey's annually to ensure they receive apex product quality while minimizing the impact on the environment, and manufacture products in compliance with environmental laws, regulations and policies.
Daiwa CA Lance, and Daiwa TH Lance fully meet the said requirements and have always been preferred by our customers.
We thank our customers and are obliged for their cooperation with the customer survey, these valuable information and opinion help us to improve our service and quality.
We will always do our best to serve for you.
Steel market move
In Vietnam, Steel price are gradually going up since June 2020 and have sharply increased from October/November, and now in December/ January 2021 there has been a shortage of steel material.
We would like to inform you about the regional movements in steel market based on our studies.
Japan: Japan’s domestically-generated H2 grade scrap saw price rise up for the tenth straight week till December 28-Jan 1 in the domestic markets by an increase of nearly Yen 500/ton ($5/t).
Asia: From September 2020, Vietnam domestic steel scrap has increased over 26% while imported steel scrap increased 30%. Construction steel products increased 20-25% but with limited supply. The price of HRC also increased about 40% and climbed to USD700/ton in January 2021. Formosa Hatinh Steel, is offering the price with an increase of USD65/ton for March shipment. Another HRC producer, Hoa Phat Steel, has received orders for more than 300% of its production capacity until now.
Euro: ArcelorMittal Europe increased its offer of HRC across Europe to EUR700/ton EXW price while other steel producers are expecting to do the same and planning to push up by EUR20/ton.
North America: HRC in the US continues to climb toward US$1,000/short ton in the final week of December 2020 maintaining record-high price with limited availability and long lead times.
South America: Prices for flat steel products in the Brazilian domestic market have continued to increase in December due to lack of material supply and a recovery in demand for the products are seen, the prices are up by 4% - 7% in December.
If you intend to know more, then please let us know, we would be happy to connect with you...
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Ho Chi Minh City - Transforming
Ho Chi Minh City, previously known as Saigon is located in the south-eastern part of Vietnam and spreads across 796 square miles, it is the largest city in Vietnam which accommodates the population of over 8.9 million as of 2020, which has increased to over 1.1 million in the past 20 years.
The GDP of HCM City in the year 2000 was 1,365 USD/person and now has grown to 8,500 USD/person in 2020.
Ho Chi Minh City is an economic and financial centre and plays an important role in the country's cultural and scientific developments.
Located in the subtropical monsoon region, Ho Chi Minh City has two distinct seasons, the rainy season and the dry season. The rainy season takes place from May to November, and the dry season from December to April with an average annual temperature of 27 degree Celsius.
We are happy to live in Ho Chi Minh City, because it has moderate climatic conditions round the year. There are a lot of supermarkets, shopping malls, skyscrapers in here, our lives are being transformed with the transformation of Ho Chi Minh City which is quite evident in the past 20 years.