The group supplied the market with 7.2 million tonnes of steel last year. In which, export output contributed nearly 1.2 million tonnes, up 15 per cent compared to 2021.
It is essential to enhance steel enterprises’ capacity to cope with the increasing number of trade defence lawsuits as Viet Nam integrates rapidly with robust steel exports.
Việt Nam''s steel exports have increased in recent years. As a result, the sector has attracted attention from other countries and triggered a number of defence measures from some markets.
Iron and steel exports to the EU reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.
Steel has been in the list of billion-export products as its total export turnover in the first seven months of the year reached US$1.93 billion, posting 14.7 per cent year-on-year increase.
Earlier this month the US Department of Commerce (DOC) announced preliminary rulings on the circumvention inquiries into Vietnamese cold-rolled steel and corrosion-resistant steel exports made from raw materials imported from Taiwan and South of Korea. Viet Nam News correspondent Thu...
Steel maker Hoa Sen Group has said its business will not be affected by the US Department of Commerces preliminary ruling on the circumvention inquiries it made into Vietnamese cold-rolled steel and corrosion-resistant steel exports.
Sales of Hoa Phat construction steel in the first month of this year hit 250,000 tonnes, a 27 per cent year-on-year rise and equal to record sales in October 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).
Export of steel products in the first eight months this year reached
1.77 million tonnes, an increase of 49 percent from the previous year,
according to the Vietnam Steel Association (VSA).
The Australian Anti-Dumping Commission
(ADC) announced last week that the anti-dumping investigation into zinc
coated (galvanised) steel imported from Viet Nam and India was
terminated.