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steel market

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.
Steel market may recover by end of this year: VSA

Steel market may recover by end of this year: VSA

In the long term, according to VSA, Viet Nam''s steel demand will continue to grow from 240kg per capita to 290kg per capita in 2030. Steel demand will be concentrated on alloys or high-quality steel.
Ministry wants to support domestic steel market

Ministry wants to support domestic steel market

The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months.
Rosy prospects for Viet Nams steel market in Q1

Rosy prospects for Viet Nam’s steel market in Q1

Viet Nam’s steel market was forecast to be in good shape in the first quarter of this year despite high prices, said the Viet Nam Steel Association (VSA). 
Hoa Phat Group posts growth in steel production

Hoa Phat Group posts growth in steel production

Hoa Phat Group, one of the country’s major industrial production companies, manufactured around 505,000 tonnes of steel in the first quarter of 2017, up 27.9 per cent year on year.
Viet Nams steel market on the up

Viet Nam's steel market on the up

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).
Sales of steel products increase by 25%

Sales of steel products increase by 25%

The domestic structural steel market has seen a growth rate of between 25 and 30 per cent in sales thanks to the strong recovery of the domestic real estate market, according to independent market watch-dogs.
HPG enters fodder industry

HPG enters fodder industry

Steelmaker Hoa Phat Group (HPG) has officially launched a new subsidiary, which will produce fodder in the northern province of Hung Yen.
Steel producers see sluggish sales due to economic woes

Steel producers see sluggish sales due to economic woes

The domestic steel market has continued to be quiet as consumption is at a low level, said the Ministry of Industry and Trade.