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NKG - Low CRC cost and new factories support booming year for NKG - Small Cap Research

NKG is the #2 galvanized steel sheet manufacturer in Vietnam with 14.9% market share. From eighth position in 2011, NKG had great growth in the galvanized steel sheet segment by continuously expanding and updating production capacity. Besides expanding its local market share, NKG is also developing its export market, which contributed nearly half of FY15 revenue. Currently, ASEAN countries such as Indonesia and Malaysia are the main markets of NKG,