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Vietnam steel
Vietnam to impose temporary anti-dumping tariff on China steel products

Vietnam to impose temporary anti-dumping tariff on China steel products

Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, effective from early March.
New US tariffs to benefit Vietnam steel exporters, but aluminum companies under pressure

New US tariffs to benefit Vietnam steel exporters, but aluminum companies under pressure

Steelmaker Hoa Phat's profits dive to 6-year low

Steelmaker Hoa Phat's profits dive to 6-year low

Construction steel prices lowest in two months

Construction steel prices lowest in two months

Prices of construction steel have dropped by VND200,000 (US$8.50) per ton, the 10th decline in a row, to VND14.5 million, the lowest rate in the last two months.
June 15, 2023 | 12:43 am PT
Steel giants report huge losses in Q4

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
October steel sales lowest in 2 years

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
Steelmakers report biggest-ever losses

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
Steelmaker Hoa Phat in the red after 13 years

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
Steel prices continue to fall unrelentingly

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
Steel prices 20% lower than in May after falling again

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
Steelmakers protest proposed tariff adjustments

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
Indonesia slaps anti-dumping duties on cold steel sheets imported from Vietnam

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
Steelmaker Hoa Sen to buy back 22 million shares

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
Malaysia revises anti-dumping duties on steel from Vietnam

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
Steel giant targets 30 pct growth in profits

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
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