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steel
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Vietnam seeks to stabilize steel prices
The government has asked steelmakers to implement several steps to control rising steel prices that are hurting construction contractors.
Construction materials prices surge as demand recovers
A sharp rise in steel and sand prices due to lack of supply is sending construction costs skyrocketing.
No cartel pushing up steel prices: ministry
The Ministry of Industry and Trade says no cartel is behind higher steel prices, attributing the rise to costlier imports of intermediate goods.
May 06, 2021 | 04:16 pm GMT+7
Construction contractors seek investigation into steel price rise
The Vietnam Association of Construction Contractors wants the Government Office to investigate why steel prices have skyrocketed, pushing many contractors to the brink of bankruptcy.
April 24, 2021 | 02:01 pm GMT+7
Steelmaker Hoa Phat eyes residential real estate diversification
Leading steelmaker Hoa Phat Group is considering expanding its business activities into residential real estate to pursue further growth.
April 23, 2021 | 11:02 am GMT+7
Steel makers see profits skyrocket
Steel manufacturers in Vietnam have seen profits increase as much 30-40 times in the first quarter as demand surges and prices rise.
April 20, 2021 | 04:18 pm GMT+7
Contractors suffer as steel prices surge
A 40-50 percent surge in steel prices since the beginning of the year is troubling construction companies, forcing them to report losses and turn down contracts.
April 15, 2021 | 03:16 pm GMT+7
Vietnam slaps temporary anti-dumping duty on Malaysian steel product
The Ministry of Industry and Trade has imposed a temporary anti-dumping tariff of 10.2 percent on H-shaped steel beams imported from Malaysia.
April 08, 2021 | 12:00 pm GMT+7
Hoa Phat’s dizzy growth seems set to continue
Leading steelmaker Hoa Phat Group targets revenue and profit growth of 33 percent this year, and has announced plans to build a new plant.
March 27, 2021 | 12:30 pm GMT+7
Investment funds take profits as Hoa Phat share keeps rising
Funds have sold over 14 million shares of steelmaker Hoa Phat Group to book profits as its price surged on rising profits.
March 11, 2021 | 11:43 am GMT+7
Pakistan begins anti-dumping investigation on Vietnam steel
Pakistan has initiated an anti-dumping investigation on cold-rolled steel products from Vietnam with a proposed duty of 27.98 percent.
March 10, 2021 | 08:34 am GMT+7
Steel industry expected to recover this year
Vietnam’s steel industry is expected to recover this year with rising export orders, thanks to improved global demand and surging domestic consumption.
March 03, 2021 | 09:00 pm GMT+7
Steelmaker Hoa Phat reports 80 pct profit growth
Hoa Phat Group’s post-tax profit surged 80 percent last year to VND13.5 trillion ($584.74 million) following record figures in the third and fourth quarters.
January 26, 2021 | 01:25 pm GMT+7
Malaysia says Vietnam dumping cold rolled stainless steel, imposes duties
Malaysia has slapped anti-dumping duties on Vietnamese cold rolled stainless steel after completing a preliminary determination.
December 29, 2020 | 05:30 pm GMT+7
Foreign investment fares poorest in steel: report
Steel manufacturers were some of the worst performing foreign invested enterprises in 2019, a new finance ministry report says.
December 28, 2020 | 09:41 am GMT+7
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