Development History

2022
Grand Opening Ceremony of SMC Phu My Plant
Celebrating the 34th Anniversary of SMC Investment and Trading Joint Stock Company (1988–2022)

SMC signed a strategic cooperation agreement to supply construction steel for investment and development projects undertaken by Novaland Group.

2021
  • Groundbreaking and construction of the SMC Phu My Steel Processing Plant at Phu My 2 Industrial Zone, Ba Ria – Vung Tau Province.
  • Groundbreaking and construction of the SMC Phu My Precision Engineering Plant at Phu My 2 Industrial Zone, Ba Ria – Vung Tau Province.
  • Signing ceremony for the establishment of the VSSC Steel Center Co., Ltd. joint venture — a strategic partnership with Samsung C&T to develop a steel sheet and coil processing facility at Phu My 2 Industrial Zone, Ba Ria – Vung Tau Province.

2020
  • Commencement of operations at the SMC Da Nang Steel Processing Plant.
  • Installation of one (1) new pickling line and one (1) acid waste treatment system at the SMC Mechanical Engineering Plant.
  • Installation of two (2) new pipe rolling lines at the SENDO Steel Pipe joint venture plant.

 

2019
  • January 2019 — Commencement of Phase 2 operations at the SMC Steel Mechanical cold-rolled and galvanized steel sheet manufacturing plant.
  • May 2019 — Signing ceremony for the capital transfer and establishment of the Hanwa SMC Hanoi Steel Processing Co., Ltd. joint venture between SMC Investment and Trading Joint Stock Company and Hanwa Corporation of Japan.
  • July 2019 — Groundbreaking ceremony for the SMC Da Nang Steel Processing Plant.
  • Total sales volume reached 1.3 million metric tons of steel products across all categories.

2018
  • Celebration of the 30th Anniversary of the founding of SMC Investment and Trading Joint Stock Company.
  • Commencement of Phase 2 operations at the SENDO Steel Pipe Plant.
  • Establishment of SMC Da Nang One Member Co., Ltd.
  • Successful completion of the Phase 2 investment project for the pickling, rolling, and coating line at SMC Steel Mechanical One Member Co., Ltd.
  • Successful completion of the expansion investment project for the steel sheet and coil processing Coil Center at SMC Hanoi One Member Co., Ltd.

2017
Commencement of operations of the rolling, pickling, and galvanizing line at SMC Steel Mechanical One Member Co., Ltd.

2016
Establishment of SMC-Toami Joint Venture Co., Ltd.

2015
Establishment of SENDO Steel Pipe Joint Venture — a joint venture between SMC, Hanwa Corporation of Japan, and achievement of a milestone 1 million metric tons in total steel sales volume across all categories.

2013
Establishment of SMC Tan Tao One Member Co., Ltd. and receipt of the First-Class Labor Medal.

2012
Establishment of the SMC – Summit Joint Venture between SMC and Sumitomo Corporation of Japan.

2011
Establishment of a Coil Center in Northern VietnamSMC Hanoi Joint Stock Company.

2008
Establishment of SMC Binh Duong One Member Co., Ltd. and SMC Steel Mechanical One Member Co., Ltd.

2007
Establishment of the first Coil CenterSMC Steel Co., Ltd., and receipt of the Second-Class Labor Medal.

2006
Listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol: SMC.

2004
Equitization and official conversion into SMC Investment and Trading Joint Stock Company.

1998
Launch of the SMC brand, an acronym for “Steel Materials Company”.

1988
Establishment of Building Materials Store No. 15 under the Southern Building Materials Wholesale and Retail Distribution Center.