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Vietnam steel
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US launches circumvention probe into Vietnam steel products sourced from China
The U.S. is investigating if Chinese steel sheets and strips were completed and exported from Vietnam to circumvent its duties.
Major shareholder to sell entire stake in steel giant Hoa Sen
The Hoa Sen Holdings Group, which owns 9.7 percent of Hoa Sen, has registered to sell its entire shareholdings in the steelmaker.
Steel prices could peak in 2021: report
With demand forecast to grow 8 percent, steel prices could hit a four-year peak this year before falling as global demand stabilizes, experts say.
January 13, 2021 | 10:58 pm PT
The giddy rise of Vietnam’s steel billionaire
Tran Dinh Long, dubbed the “king of steel,” had no experience in the steel industry when he decided to enter it anyway in the mid-90s.
January 19, 2021 | 08:50 pm PT
Steel giant targets 30 pct growth in profits
Hoa Sen Group has announced it targets 30 percent growth in post-tax profits this year to VND1.5 trillion ($65.2 million).
January 23, 2021 | 06:00 pm PT
Malaysia revises anti-dumping duties on steel from Vietnam
Malaysia has revised duties on imports of cold-rolled coils of alloy and non-alloy steel from Vietnam to 7.42-33.7 percent for the period between January 24 and May 23.
January 24, 2021 | 11:47 pm PT
Steelmaker Hoa Sen to buy back 22 million shares
Major steelmaker Hoa Sen plans to buy back 22 million shares, equivalent to 5 percent of its equity, and held them as treasury shares.
January 29, 2021 | 04:43 pm PT
Indonesia slaps anti-dumping duties on cold steel sheets imported from Vietnam
The Indonesian Anti-dumping Committee has concluded that Vietnam is dumping cold steel sheets following a 16-month-long investigation.
February 18, 2021 | 10:00 pm PT
Steelmakers protest proposed tariff adjustments
The Vietnam Steel Association (VSA) has protested the latest proposed adjustments to tariff rates on steel products saying they will hurt domestic manufacturers.
July 23, 2021 | 07:21 pm PT
Steel prices 20% lower than in May after falling again
Steel prices have dropped for a 14th time in a row since mid-May with the total decline adding up to nearly 20%.
August 22, 2022 | 07:40 pm PT
Steel prices continue to fall unrelentingly
Steel prices have fallen to around VND14 million ($570) per ton, the same as in late 2020 when the market was at its most sluggish.
October 18, 2022 | 06:21 pm PT
Steelmaker Hoa Phat in the red after 13 years
Leading steelmaker Hoa Phat made a loss of VND1.79 trillion ($73 million) in the third quarter, its first quarterly loss in 13 years.
October 28, 2022 | 07:44 pm PT
Steelmakers report biggest-ever losses
Leading steelmakers in the country have reported biggest-ever Q3 losses in amidst low sales, rapidly falling prices and high inventories.
November 1, 2022 | 03:34 pm PT
October steel sales lowest in 2 years
Steel sales fell to their lowest level in the last two years in October, mainly due to the slowdown in the real estate market and public spending.
December 8, 2022 | 11:17 pm PT
Steel giants report huge losses in Q4
A drop in prices and consumption put major steel businesses Hoa Phat, Nam Kim and VNSteel in the red in the fourth quarter of 2022, dragging their annual results to the lowest level in many years.
January 24, 2023 | 10:59 pm PT
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