According to the Vietnam Steel Association (VSA), steel sales in November and December 2023 reached the highest levels in 20 months with growth between 20-40 per cent for different products.
The domestic steel sector would face difficulties due to fierce
competition from imported steel, and the sharply reduced taxes levied on
such imports, the Ministry of Industry and Trade said.
Hoa Sen Group (HSG), the nation''s leading steel and corrugated iron
producer, yesterday posted a growth in their profits of 58 per cent for
the fiscal year 2012-13, despite the many challenges facing the domestic
steel sector.
