Vietnam's steel industry remains attractive in second half
June 22, 2021 | 22:23
According to Mirae Asset, Vietnam's steel industry in the second half of 2021 is still attractive, with a valuation 20 per cent lower than the region.
Vietnamese steel exports recorded high growth
June 22, 2021 | 16:09
Vietnam's exports of iron and steel have been growing rapidly in the first five months of the year, with exports to the EU quintupling against the year prior.
Kanematsu Corporation officially becomes strategic shareholder of ATAD
June 08, 2021 | 08:00
ATAD Steel Structure Corporation has announced that Japan’s Kanematsu Corporation has completed transaction procedures and became a strategic shareholder.
Hoa Phat Group completes acquisition of Australia's Roper Valley iron ore mine
June 01, 2021 | 05:00
Vietnamese steel maker Hoa Phat Group today announced that it has taken over the Roper Valley iron ore mine project in Australia.
Steel price ripple effect felt across domestic businesses
May 19, 2021 | 08:00
Global steel prices continue to be in sharp focus, with recent record-breaking highs pushing contractors to the wall as well as raising questions on whether steelmakers have been colluding to hike rates, which have shot up drastically since last year.
Export of iron and steel soaring sharply
May 18, 2021 | 13:54
With scarce iron ore supply and Beijing's moves to reduce emissions, the recovery in global steel demand have increased Vietnam's iron and steel exports.
Skyrocketing material prices place duress on contractors
May 12, 2021 | 08:00
Rising construction material prices are driving contractors into a corner while having mixed effects on steel producers and construction groups.
Local steelmakers red hot on investment
April 28, 2021 | 17:33
Over recent months, the steel market has retained positive momentum after its recovery in mid-2020, helping many steel producers record a strong performance in the first quarter of 2021.
Vietnam's iron and steel exports go through the roof
April 05, 2021 | 14:17
Vietnam’s exports of iron and steel reached over $1.8 billion in the first quarter of 2021, with a strong increase that provides good signs for future progress.
Steel reliance to be reduced in Ha Tinh
April 02, 2021 | 08:00
The central province of Ha Tinh is striving to change for the better with its first-ever master planning expected to be adopted this year, with focus to be laid on the development of steel, energy, service, tourism, and logistics as the key pillars
Vietnam's export turnover of steel soars in 2020
February 02, 2021 | 10:14
Vietnam exported 9.86 million tonnes of steel worth $5.26 billion in 2020, up 47.9 per cent on-year but the average selling price dropped to $533 per tonne.
UKVFTA opens up opportunities for steel, mechanical firms
January 04, 2021 | 15:54
Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.
Support recovery for the steel sector
December 26, 2020 | 10:00
Although the nation’s consumption of steel products decreased compared to last year, production and sales show signs of recovery among a few listed steelmakers, while others are trying to reach break-even point this year.
Region’s states well-placed to offer steel alternatives
December 25, 2020 | 10:00
As tensions between Australia and China continue to simmer, and recent delayed customs clearances of coal imports from Australia are hurting China’s steel producers, profiting for other steel exporters from the situation.
Formosa Ha Tinh reports $1 billion in accumulated losses
September 03, 2020 | 10:40
Years after its environmental scandal and the second blast furnace going into operation, the accumulated losses of Formosa Ha Tinh have risen to $1.1 billion.
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