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.

VOV.VN - Vietnamese export turnover to Indonesia during the first half of the year increased by 47.2% to US$1.92 billion against the same period from last year, according to statistics compiled by the General Department of Vietnam Customs.

The US Department of Commerce (DOC) has announced the results of the third administrative review for Vietnam’s oil country tubular goods (OCTG) for the period from September 1, 2018, to August 31, 2019, according to Trade Remedies Authority of Vietnam under the Ministry of Industry of Trade.

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.

VOV.VN - The Trade Remedies Authority has unveiled that Australia has moved to extend the final determination of its ongoing anti-dumping and anti-subsidy investigation into precision pipes and tube steel from Vietnam for the fifth time.

VOV.VN - The Indonesian Government has moved to stop applying anti-dumping measures on a number of cold–rolled steel sheets originating or imported from Vietnam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV).

VOV.VN - The price of steel has continued to drop by VND300,000 per tonne, marking the third significant fall after reaching a highs back in late 2020.

Iron and steel exports to the European Union (EU) reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.

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.

VOV.VN - Vietnam exported a total of 4.88 million tonnes of iron and steel worth US$3.61 billion during the five months of the year, with China emerging as the largest buyer, according to the General Department of Vietnam Customs.