steel industry

Steel industry navigating global challenges

March 03, 2025 | 15:34

Despite mounting challenges from competition and tariffs, Vietnam’s steel industry is on a path to sustainable development.

US steel policy to require robust reply

February 21, 2025 | 07:00

The application of an additional tax on imported aluminium and steel from the United States will negatively affect exporting countries, including Vietnam, and will require a response targeting market diversification.

Pebsteel building towards a sustainable future

December 12, 2024 | 10:00

Pebsteel has fulfilled thousands of projects over the past 30 years, laying the foundation for a sustainable future.

Investors betting on construction steel through 2025

November 26, 2024 | 13:43

Domestic construction steel is set to grow, driven by strong Q3 earnings, favourable Chinese policies, and government-led economic stimulus packages.

VNSTEEL – the journey towards “green steel” strategy

June 06, 2024 | 11:51

Pham Cong Thao, deputy general director of VNSTEEL, talked to VIR’s Bich Thuy about the firm's “green steel” journey to meet international requirements.

Positive outlook for Vietnam's steel industry in 2024

May 28, 2024 | 16:11

The steel industry in Vietnam is expected to have a positive outlook for 2024, with major companies like Hoa Phat and Hoa Sen projected to experience significant recoveries, while small businesses may face challenges in finding output due to the recovery of steel prices and demand from large contractors.

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.

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.

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.