Steel companies post disappointing results in Q1 despite strong market growth

Saturday, May 18, 2019

Listed steel companies have reported disappointing business results in the first quarter despite strong growth in the domestic market, which they have attributed to the high cost of capital.

VSA gives hope to VN steel firms after duties

Tuesday, Jun 19, 2018

Despite the imposition of anti-dumping duties on colour-coated steel products by Indonesian authorities, Vietnamese steel producers should not worry about the possibility of losing competitiveness, according to VSA.

Steel exports increase 38%

Tuesday, Mar 13, 2018

Viet Nam’s total steel exports in the first two months of the year rose 38.6 per cent from the same period last year to reach more than 728,000 tonnes, according to the Viet Nam Steel Association (VSA).

Viet Nam steel industry decries new US duties

Friday, Dec 15, 2017

The Viet Nam Steel Association (VSA) will co-ordinate with the Ministry of Industry and Trade to protect the legitimate rights and interests of local steelmakers who were recently accused of tax evasion by the US Department of Commerce (DOC).

Steel consumption witnesses increase

Wednesday, Aug 16, 2017

Domestic steel consumption in the first seven months of 2017 rose 14.5 per cent from the same period last year to 5.14 million tonnes, the Viet Nam Steel Association (VSA) said.

VSA urges steel import controls

Tuesday, Aug 08, 2017

The Viet Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high.

Domestic steel consumption slows down in April

Thursday, May 11, 2017

Domestic steel consumption recorded a modest year-on-year rise of 2.7 per cent in April to some five million tonnes, according to the Viet Nam Steel Association (VSA).

VSA chief cautions Government on steel sector plan

Thursday, Dec 08, 2016

The Viet Nam Steel Association (VSA) has suggested to the Ministry of Industry and Trade (MoIT) that the government should stop managing the steel industry through a draft zoning plan.  

Trade remedies should protect business interests

Wednesday, Jan 27, 2016

While remedial measures are necessary following strong liberalisation of trade, the protection of domestic steel producers'' interests while applying these measures is a problem, industry insiders have said.

Ministry wants inefficient steel projects terminated

Monday, Oct 05, 2015

The Viet Nam Steel Association (VSA) recently asked relevant ministries and sectors to revoke the licences of nearly 30 steel projects that have not implemented production technology standards.

Sales of steel products increase by 25%

Friday, Sep 04, 2015

The domestic structural steel market has seen a growth rate of between 25 and 30 per cent in sales thanks to the strong recovery of the domestic real estate market, according to independent market watch-dogs.

Domestic steel consumption up

Tuesday, Jul 14, 2015

The domestic steel industry saw strong growth in consumption in the home market in the first half of this year, according to the Viet Nam Steel Association (VSA).

VN counters Indonesia steel tariffs

Tuesday, Jun 09, 2015

Viet Nam is taking steps to protect local steel exporters'' rights in the wake of safeguard measures taken by some import countries.

Steel consumption up in first quarter

Monday, Apr 20, 2015

The Viet Nam Steel Association (VSA) member companies'' domestic steel consumption rose in the first quarter, reaching 2.5 million tones – a 25 per cent increase on the year.

Steel industry seeks more Gov't help

Monday, Mar 09, 2015

The Viet Nam Steel Association (VSA) has demanded aid for overcoming difficulties, such as excess supply and growing competition from cheap imported steel that has hit the industry hard.