Probes ongoing to protect steel firms
July 01, 2024 | 16:00
An increase in Chinese steel imports is causing pressure on domestic steelmakers and anti-dumping risks.
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.
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.
Accelerated public investment deemed the way out from steelmaking challenges
August 30, 2023 | 10:31
Steelmakers are hoping for a stronger 2024 through avenues such as public investment, after a downward trend in prices and demand.
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.
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.
Local steel manufacturers backing product quality
February 16, 2023 | 16:01
Local groups using stainless steel have stated that complaints related to substandard products are far off the mark.
Domestic businesses face severe cash shortages
November 15, 2022 | 17:08
A lack of capital is making it difficult for businesses to maintain operations.
Steelmakers deny advantage from anti-dumping fix
April 29, 2022 | 10:00
South Korean group Posco VST, which owns the biggest cold rolling steel plant in Vietnam, is likely to gain benefits from anti-dumping measures on some cold-rolled stainless steel products – however, both the company and the Ministry of Industry and Trade have denied a monopolitic stance in the market.
Groups get to grips with anti-dumping
September 17, 2021 | 14:57
Increasing knowledge and strategy about trade remedies is an effective tool to protect the rights of domestic manufacturing industries in the context of integration and protectionism, government leaders have said.
Steelmakers question timing of product tax adjustments
August 03, 2021 | 10:14
Some steelmakers are urging the Ministry of Finance to take a closer look at a proposal to add an export tax on steel billets and cut import taxes for other steel products as these could hurt their operations, although the change is primarily being set up to stabilise domestic prices.
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.
Buoyant steelmakers still hoping for more
March 02, 2021 | 17:10
Listed steel companies announced breakthrough business results in the fourth quarter of 2020, enticing potential investment in the sector, and ending a successful year that they could hardly have imagined after the first period of the year was negatively affected by the pandemic outbreak.
Tough spot for steel ventures as pandemic cuts off progress
September 04, 2020 | 11:00
The global coronavirus developments coupled with the falling demand are adding more pressure for some steelmakers to lay idle their projects, cut products, or ponder mergers and acquisitions strategies to ensure their cash.
Steelmakers urge import protection
September 02, 2020 | 10:00
Amidst the US-China trade tensions, local steelmakers are worried that imported cold-rolled steel products from China could eventually ruin their business and have petitioned the Ministry of Industry and Trade for additional anti-dumping measures to control the influx of Chinese steel.
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