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 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.
Steel enterprises have boosted exports while facing difficulties in domestic consumption due to the COVID-19 outbreak, according to the Vietnam Steel Association (VSA).
Thanks to the optimistic outlook of the steel industry in the long-term on stronger demand from the recovery of the construction industry, SMC Trading Investment JSC doubled this year''s profit after tax target.
Pakistan has initiated an anti-dumping investigation on some cold-rolled steel products orginating in or exported from several countries, including Viet Nam, China, the European Union and Republic of Korea.
Viet Nam’s steel industry would face many challenges in exporting steel to the EU despite the advantages gained under the Viet Nam - EU Free Trade Agreement (EVFTA), according to experts.
Viet Nam''s steel market showed growth in both production and business in
the first 11 months of this year, according to the Viet Nam Steel
Association (VSA).