Vietnam’s steel sector has witnessed strong development in terms of capacity, output, and products in the recent past.

Steel manufacturer Hoa Phat Group sold a total of 869,000 tonnes of steel in April, a surge of 65% compared to the same month last year.

VOV.VN - The Malaysian Ministry of International Trade and Industry (MITI) has officially applied anti-dumping duties of between 7.81% and 23.84% on cold rolled stainless steel imported from Vietnam, according to the Trade Remedies Authority of Vietnam.

Local construction firms face the risk of bankruptcy as the price of steel has soared 40% recently.

The surge in prices of steel since the beginning of 2021 helped many steel producers record good performance in the first quarter.

A prison term of 10-11 years has been proposed for Tran Trong Mung, former General Director of the Thai Nguyen Iron and Steel JSC (TISCO), with the main role in wrongdoings at the company, during the ongoing first-instance trial held by the Hanoi People’s Court.

VOV.VN - The Ministry of Industry and Trade (MoIT) has decided to temporarily apply anti-dumping measures on some H-shaped steel products which originate from Malaysia, according to the Trade Remedies Authority of Vietnam.

VOV.VN - The Vietnamese iron and steel sector enjoyed a strong bounce-back after recording impressive growth of 65.2% in export value, earning US$1.826 billion during the opening three months of the year, according to the Ministry of Industry and Trade.

The European Commission (EC) has announced the possible extension of safeguard measures applicable to imports of certain steel products, including some from Vietnam, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

Pakistan’s National Tariff Commission has initiated an anti-dumping investigation into cold rolled coils and sheets originating in or exported from certain countries, including Vietnam.