Tags

steel industry

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.
Trade measures needed to save domestic steel industry: experts

Trade measures needed to save domestic steel industry: experts

Appropriate and timely trade measures, following Việt Nam''s and World Trade Organization''s (WTO) regulations, will help the domestic steel industry minimise damage caused by unfair competition practices and protect local production, said industry leaders.
Việt Nams Steel Industry Strategy to be submitted in September

Việt Nam's Steel Industry Strategy to be submitted in September

To support the struggling steel industry, MoIT proposes adjusting import tax policies and encouraging banks to offer preferential credit packages.
Positive outlook for VNs steel industry in 2024: Major companies set for recovery, small businesses face output challenges

Positive outlook for VN's steel industry in 2024: Major companies set for recovery, small businesses face output challenges

Steel enterprises have seen smooth progress in the first quarter of this year.
Việt Nams steel industry commits to green transformation

Việt Nam’s steel industry commits to green transformation

More than 400 major industry players from the Asian steel sector, including industry experts, associated trade associations and government representatives joined the 2024 Southeast Asia Iron and Steel Institute (SEAISI) Conference and Exhibition.
Việt Nams steel industry must optimise technology, save energy to promote export to EU

Việt Nam's steel industry must optimise technology, save energy to promote export to EU

Việt Nam has exported steel products to more than 30 markets in the world, with about 25-30 per cent of its steel exports going to the EU market.
Local steel industry sees recovery signals

Local steel industry sees recovery signals

The number of under-way property projects showed growth in the North and recovery in the South. That would help demand for construction materials recover in the coming quarters.
VN steel industry to reduce carbon emissions, aiming for neutrality by 2050

VN steel industry to reduce carbon emissions, aiming for neutrality by 2050

Innovation plays a key part in Việt Nam steel industry''s objective to cut down its carbon footprint, according to Nghiêm Xuân Đa, Chairman of the Vietnam Steel Association (VSA) and CEO of Vietnam Steel Company (VNSteel) during a seminar exhibition...
Ample room for further cooperation between Việt Nam and Saudi Arabia

Ample room for further cooperation between Việt Nam and Saudi Arabia

Many large Saudi companies continue to pour their money into Việt Nam, with an outstanding one being Zamil Steel, which has established itself as a significant player in the Vietnamese steel industry.
Market instabilities cause steel firms to adjust business plans

Market instabilities cause steel firms to adjust business plans

The freezing of the Chinese real estate market, falling prices of rebars in China, Viet Nam’s EVN raising electricity prices, and the State Bank lowering interest rates for the third time will all impact the resilience of businesses in the...
Steel industry to gradually recover in 2023

Steel industry to gradually recover in 2023

Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.
Policies needed to support steel industry development

Policies needed to support steel industry development

Overreliance on input material imports, small production value and outdated technology were among major weaknesses of Viet Nam''s steel industry.
Construction material stocks expected to benefit from public investment projects in 2022

Construction material stocks expected to benefit from public investment projects in 2022

News about the commencement of 12 projects along the North-South expressway in 2022 is considered to be the main driving force for the construction materials group, including steel, stone and asphalt.
Steel firms urged to diversify markets amid trade defence lawsuits

Steel firms urged to diversify markets amid trade defence lawsuits

The steel industry should diversify its export markets and products to reduce dependence on a single market and minimise the risks of high import tariffs as trade defence investigations targeting the industry increase.