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.
Steel producers have begun to feel the pinch as weakening demand and mouting input costs have dealt a heavy blow to their steel sales. Insiders are calling for favourable policies to lift them out of hardship.
Steel prices have been steadily on the decline in the last few weeks as prices for raw materials ped on the global market, according to the Vietnam Steel Association (VSA).
Steel enterprises have boosted exports while facing difficulties in domestic consumption due to the COVID-19 outbreak, according to the Vietnam Steel Association (VSA).
Steel has hit a new high after a series of rapid price increases from May through June 2021 when they increased by more than 50 per cent compared to the beginning of the year.
Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus (COVID-19), which could well reach a pandemic as dozens of countries reported new infections.
Consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association
The Vietnam Steel Association (VSA) has proposed the Government and relevant ministries and sectors seriously consider the approval of a stainless steel factory in Viet Nam.
Viet Nam has urged the US government to consider excluding Vietnamese products from its new announcement on tariff measures for imported steel and aluminium. Chu Duc Khai, Vice Chairman and General Secretary of the Vietnam Steel Association (VSA), talks to...
Vietnam Steel Association (VSA) is co-ordinating with relevant agencies to take timely measures and minimise the risks of the new proposal of the United States on import duties for steel.
Vietnam Steel Association (VSA) has asked the Ministry of Industry and Trade (MoIT) to take measures to support steelmakers in the investigation against tax evasion for galvanised sheet steel and cold-rolled coil of Viet Nam which was initiated by the...