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Update news VSA
VietNamNet Bridge – Formosa, the Taiwanese steel manufacturer, has advantages over domestic rivals thanks to investment incentives offered by the government.
VietNamNet Bridge – Given the massive imports of steel products from China due to a zero tariff, the Vietnam Steel Association has written to the China Steel Association warning of petitioning anti-dumping duties on steel products
VietNamNet Bridge – The Vietnam Steel Association (VSA) has petitioned management agencies to soon arrive at solutions of monitoring products labeled as alloy steel imported from China as it contains a small portion of boron to escape the tax.
VietNamNet Bridge – Five new steel mills with a combined capacity of 1.5 million tons per year will start operations this year, making supply further exceed demand and leading to a fiercer competition in the local steel market.