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steel
China is no longer a major export market for Vietnamese-made steel, as revenue from steel shipments to the northern neighbor has plummeted, the General Department of Vietnam Customs reported.
US extends anti-tax evasion investigation into Vietnamese stainless steel plates
Vietnam stays ready for trade talks with US to address arising problems
Vietnamese steel pipes face U.S. probe into evasion of trade remedies
Vietnam removes anti-dumping duties on steel imports from China, S.Korea
Steelmakers deny advantage from anti-dumping fix
Steel industry posts trade deficit of US$ 800 million in first quarter
Steel industry to join 10-billion USD export club
With a record export growth rate in the first nine months of 2021, steel is forecast to soon join the 10-billion USD export club.
Vietnam expects to be a net steel exporter with strong steel export growth
Vietnam is expected to become an exporting country of iron and steel by end-2021 after decades of dependence on imported iron and steel from China.
Steel prices hit new high
Steel has hit a new high after a series of rapid price increases from May through June 2021 when they increased by more than 50 per cent compared to the beginning of the year.
Hoa Phat to boost digital transformation through strategic collaboration with CMC Corporation
Hoa Phat Group has chosen CMC Corporation as a strategic consulting partner to help accelerate its digital transformation journey in the next 5 years.
Steel tycoon’s son considers major business deal
The family of Vietnam’s steel tycoon Tran Dinh Long will mark a turning point in power if Long’s son successfully buys more shares of Hoa Phat Group (HPG).
Govt orders stabilizing surging steel prices
Deputy Prime Minister Le Minh Khai has asked the Ministry of Industry and Trade to increase the steel production capacity to meet the local demand and stabilize steel prices as they have surged 40%-50% since the end of last year.
Local steelmakers red hot on investment
Over recent months, the steel market has retained positive momentum after its recovery in mid-2020, helping many steel producers record a strong performance in the first quarter of 2021.
Debts at Thai Nguyen Iron and Steel plant – phase 2 await extension
The fate of Thai Nguyen Iron and Steel plant – phase 2 remains uncertain and it is unable to restart while its debts are only swelling.
Hot rolled coil segment named bright spot of Vietnam's steel industry
Currently, local production of hot rolled coil, a key input material for cold-rolled steel and other pre-painted galvanized steel sheet, cannot meet domestic demand.
China makes up nearly 40% of Vietnam’s steel imports despite tighter trade measures
The neighboring country remained Vietnam’s leading supplier of steel over the last three years, with the quantity and value growing at two-digit growth rates annually.
Glut in steel forcing industry leaders to halt programmes
The largest steelmaker in Vietnam is considering a hold on its third blast furnace facility due to concerns with China’s steel presence in the country.
Supply-demand imbalance, origin fraud puts pressure on steel manufacturing in Vietnam
The biggest difficulties facing Vietnam’s steel industry are trade remedies applied by importing countries and supply of materials.
Will Chinese HRC steel benefit if Vietnam raises tax?
China will have opportunities to export more hot rolled coil (HRC) products to Vietnam ad the products will be unaffected by import tariffs.
