steel sector

Update news steel sector

The steel industry experienced many difficulties in 2019 due to stronger steel imports and reduced sales of locally made products at home and abroad.

EVFTA opens new markets for Vietnam steel industry

The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.

Steel sector requests Gov't help as it faces another difficult year

VietNamNet Bridge – The steel sector has sought Government support to overcome the challenges it expects to encounter this year, owing to supply exceeding demand and the growing pressure exerted by steel imports.

Fiercer competition looms in steel sector next year

 VietNamNet Bridge – Experts believe domestic steel firms will have to deal with an increasing competition triggered by cheap Chinese alloy steel imports, more steel imports from Russia, and an oversupply of many steel products on the home market.

Steel sector wants longer protectionism

 VietNamNet Bridge – Steel mills in Vietnam, expecting protection until they are able to compete with imports, have called for agencies to pay due attention to this matter