As the domestic market has been heavily affected by the COVID-19 pandemic, many small steel enterprises experienced a sharp decline in profit in the third quarter of 2021.
The Vietnam Trade Office in Saudi Arabia has issued a warning over deals related to used rail tracks and urged domestic enterprises to be cautious of fraudulence.
VOV.VN - The nation exported goods worth US$2.96 billion to Taiwan (China) during the eight months of the year, representing an annual decline of 2.3%, according to statistics released by the General Department of Vietnam Customs.
Steel enterprises have boosted exports while facing difficulties in domestic consumption due to the COVID-19 outbreak, according to the Vietnam Steel Association (VSA).
The Ministry of Industry and Trade (MoIT) has decided to maintain the anti-dumping measure imposed on some H-shaped steel products from Malaysia since April 2021.
Steel prices have hit a new high after a series of rapid increases from May through June 2021 when they increased by more than 50% compared to the beginning of the year.
Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer.
The Trade Remedies Authority said that it had sent questionnaires on end-of-term review of anti-dumping measures against imported galvanized steel products originated from China and the Republic of Korea (RoK) to all foreign steel producers and exporters.
The Canadian International Trade Tribunal (CITT) has issued a notification on the launching of inquiry for exclusion requests concerning imports of a number of imported steel products originated from some countries, including Vietnam.
The Ministry of Industry and Trade (MoIT) has announced the implementation of the end-of-term review of anti-dumping measures on galvanized steel products imported from China and the Republic of Korea.