News

  • Should steel tax adjust?

    Regarding the proposal to increase billet export tax, the Vietnam Steel Association [VSA] disagreed, because this policy not only causes more difficulties for enterprises, but also is not suitable with the current situation of the current domestic steel production industry… Explaining this adjustment proposal, the Ministry of Finance stated that the domestic construction steel price has […]
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  • Raw material imports increasingly expensive, stoke inflation fears

    The rising costs of imported raw materials are pushing up prices and threatening to cause inflation amid the ongoing economic recovery. Corn and soy prices have risen by 50-60 percent since the beginning of this year, pushing up animal feed prices. Pham Duc Binh, deputy chairman of the Animal Husbandry Association of Vietnam, said 70-80 […]
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  • Exports of iron and steel have increased dramatically

    According to the Vietnam Steel Association (VSA), our nation exported 8,54 million tons of iron and steel of all types with nearly 7,1 billion USD from the beginning of the year to the end of August, rise 43.4% in quantity and 127 percent in value over the same time last year. Iron and steel exports […]
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  • The United States, China, Europe And India have relatively large import demand for Vietnam iron and steel in 2022

    In the world, the demand for iron and steel in the coming year is forecasted to be large with large construction projects of many countries. Specifically, world steel demand has increased significantly since the first quarter of 2021 when a series of countries approved and accelerated the construction of infrastructural projects. This trend will continue […]
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  • Thailand proposes extended anti-dumping on Vietnam’s steel

    The Department of Foreign Trade of Thailand (DFT) has proposed extending the anti-dumping duty on imports of cold-rolled carbon steel from Vietnam for an additional five years. Thailand moves to extend anti-dumping duty on Vietnam’s cold-rolled steel The Department of Foreign Trade (DFT) of Thailand has formally proposed the continuation of the anti-dumping (AD) duty […]
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  • Vietnam imposes temporary anti-dumping duties on China’s HRC steel

    Meanwhile, HRC steel imports from India have been exempted due to their insignificant market share. Under this decision, China’s steel under investigation will be subject to the new duties. Workers inspect aluminum coils at a warehouse in an industrial zone in Shandong province, China. (Source: REUTERS/VNA) Meanwhile, HRC steel imports from India have been exempted […]
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  • Ministry imposes anti-dumping duties on Chinese hot-rolled steel products

    The Ministry of Industry and Trade (MoIT) has officially announced the imposition of anti-dumping duties on certain hot-rolled steel products originating from China. The Ministry of Industry and Trade decides to implement anti-dumping duties on hot-rolled steel products from China. This decision, outlined in Decision No. 1959/QD-BCT, also signifies the termination of the anti-dumping investigation […]
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  • Malaysia ends anti-dumping duties on Vietnamese cold-rolled steel

    Malaysia has officially removed anti-dumping duties on cold-rolled coil steel originating from Vietnam after more than five years of imposing the duties. Yesterday afternoon, the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade announced that Malaysia’s Ministry of Investment, Trade and Industry (MITI) has issued its final decision in the anti-dumping […]
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