steel

Domestic steel demand expected to rebound amid warming real estate market

April 12, 2024 | 10:31

Domestic steel demand is anticipated to rise this year due to the civil construction recovery and the positive impacts of the global steel market.

Steel firms drop prices for the third time this year

April 08, 2024 | 16:18

As global steel prices decline, the domestic consumption has not recovered, leaving steel manufacturers facing difficulties with costly inventories.

Vietnamese steel products certified to meet greenhouse gas inventory standard

February 22, 2024 | 10:27

BSI - the UK's leading international certification organisation - has just certified ISO 14064-1:2018 standard on greenhouse gas inventory for steel products of Hoa Phat Dung Quat Steel Joint Stock Company.

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.