steel

The upward wave of steel stock prices

January 30, 2024 | 17:51

In 2023, steel stock prices rose by an average of 58 per cent, outperforming the VN-Index by 46 per cent.

Vietnam's steel sector revitalised in 2024

January 19, 2024 | 20:04

The steel sector in 2024 is predicted to have a bright future due to the worldwide surge in steel prices, increasing domestic demand driven by transport infrastructure activities, and the prospect of enhanced profit margins.

Vietnam’s steel producers embracing CBAM transition

November 28, 2023 | 11:31

Vietnam’s steel production industry is taking initial steps in shifting to greener production and minimising emissions to adjust to the requirements of major markets such as the EU.

Steel primed for rising 2024 prospects

October 31, 2023 | 12:00

Escaping the gloom since early in the year, the construction materials market – and especially steel production – has experienced several positive signs.

Steelmakers must act now in CBAM entry

September 21, 2023 | 09:11

The introduction of the EU’s carbon border policy will be particularly crucial for Vietnamese steel companies, as they are among the top emitters of greenhouse gases domestically.

CBAM may hinder EVFTA advantages for steel industry

September 20, 2023 | 18:03

As the EU's CBAM takes effect on October 1, Vietnam's steel manufacturers remain confused about how to meet the new requirements.

CBAM warrants steel exporter reaction

August 30, 2023 | 09:00

Steel exporters will need a robust response following the European Union’s new carbon border tax, which will be valid from October.

Exporting pressures heaped onto steel enterprises

July 27, 2023 | 17:00

When competing with China’s massive output, Vietnam’s exports of steel are being hampered.

Steel imports subject to stricter quality standards

July 17, 2023 | 19:13

Enterprises advocated for a quality and type control procedure for imported steel into Vietnam in order to safeguard domestic steel.

Steelmakers encouraged to look to premium segment

July 12, 2023 | 12:00

Although large steel firms have been urged to restructure away from construction steel towards industrial products to avoid getting bogged down in a depressed market, most still fail to have the capacity to do so.

Export pressure on steel groups heightens

July 11, 2023 | 13:42

When competing with China's massive output to meet the rising demand, Vietnam's steel exports are hampered.

Vietnam examines hot-rolled coil imports from Malaysia, Thailand, and China

July 07, 2023 | 12:31

The domestic industry claims that Malaysian, Thai, and Chinese hot-rolled coil (HRC) products have been distributed in the Vietnamese market.

EU extends import restrictions on steel

June 08, 2023 | 16:04

The EU persists in imposing safeguards on a number of Vietnam-imported steel products.

Hopes build that lower steel prices can boost consumption

May 09, 2023 | 10:46

Consumption continues to be a challenge for Vietnam’s steel industry, with manufacturers struggling to ensure output.

Steel groups take on EU’s carbon rules

April 27, 2023 | 14:57

Steel manufacturers in Vietnam are anxious about the procedures for receiving and reporting data related to carbon emissions for the upcoming application of the EU’s Carbon Border Adjustment Mechanism.