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steel

Việt Nam spends more than 10 billion to import record volume of steel

Việt Nam spends more than $10 billion to import record volume of steel

October saw a record steel import volume at 2.41 million tonnes, worth $1.51 billion, representing increases by 55.9 per cent and 41.7 per cent, respectively against the previous month.
General Department of Customs warns of tax evasion schemes in steel imports

General Department of Customs warns of tax evasion schemes in steel imports

The General Department of Customs issued directives to provincial and municipal customs departments, highlighting specific issues related to steel imports.
Việt Nam lifts anti-dumping duties on imported cold-rolled stainless steel

Việt Nam lifts anti-dumping duties on imported cold-rolled stainless steel

The Ministry of Industry and Trade on November 12 announced the termination of anti-dumping duties on cold-rolled stainless steel products imported from China’s Taiwan, Indonesia, Malaysia and China.
Ground broken on US45 million steel plant

Ground broken on US$45 million steel plant

Việt Pháp Steel Production Plant 2 covers a total area of 75,000 square metres and has nearly US$45 million allocated for Phase 1.
Steel producers post notable divergence in Q3 performances

Steel producers post notable divergence in Q3 performances

While some producers like Hòa Phát Group and Thống Nhất Flat Steel JSC witnessed profit resurgence, others faced ongoing losses.
Vietnamese steel industry under pressure amid protectionism tension and dumping

Vietnamese steel industry under pressure amid protectionism tension and dumping

Steel was one of the industries with the largest number of trade defence investigations, not only in Việt Nam, but also in the world.
HRC steel imports surge despite anti-dumping investigation

HRC steel imports surge despite anti-dumping investigation

Hot-rolled coil (HRC) steel imports are pouring into Việt Nam despite an ongoing anti-dumping investigation.
VN stainless steel exports under dual investigation

VN stainless steel exports under dual investigation

Thirteen products from Việt Nam are under anti-dumping and countervailing duty investigation in the US.
Domestic steel prices set to rebound in Q4 amid easing pressure from Chinese market

Domestic steel prices set to rebound in Q4 amid easing pressure from Chinese market

Steel production in China decreased to 77.9 million tonnes in August from nearly 83 million tonnes in July. Its steel imports dipped by 9 per cent year-on-year in July.
SHB signs agreement with VNSTEEL

SHB signs agreement with VNSTEEL

According to the agreement, SHB and VNSTEEL commit to long-term and mutually beneficial collaboration across many areas of operations in the 2024–2029 period.
Steel stocks chill as weak demand sends a shiver through the industry

Steel stocks chill as weak demand sends a shiver through the industry

A significant recovery may be expected in 2025, leading to swift movements of funds within this sector.
India imposes anti-subsidy duties on steel imports from Việt Nam

India imposes anti-subsidy duties on steel imports from Việt Nam

India''s Ministry of Finance has just issued an order to impose a tax of 12-30 per cent on some steel products imported from China and Việt Nam.
Việt Nam targets developing green steel products

Việt Nam targets developing green steel products

The goals are stated in the draft of the strategy on developing Việt Nam''s steel industry until 2030,
India initiates anti-dumping investigation into Vietnamese hot-rolled coil steel

India initiates anti-dumping investigation into Vietnamese hot-rolled coil steel

India''s Directorate General of Trade Remedies has just initiated an anti-dumping investigation into hot-rolled coil steel, originating or exported from Việt Nam.
Việt Nams finished steel production projected at 30 million tonnes

Việt Nam's finished steel production projected at 30 million tonnes

The domestic steel market is currently inundated with various steel products, while imported steel continues to flood in, intensifying price competition for local producers.