Tag: steel
Construction materials market flourishes again
After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak construction season began and demand from some export markets recovered.
Positive signs for steel industry at year-end
The production and consumption of building materials started resuming at the end of the third quarter this year as lots of construction works were speeding towards completion, however, local producers have been warned to watch the market to avoid a possible surplus.
First stage of Nghi Son steel rolling mill inaugurated
The first stage of Nghi Son steel rolling mill was inaugurated at Nghi Son economic zone in the central province of Thanh Hoa on October 23.
Canada removes anti-subsidy duties on Vietnamese corrosion-resistant steel
VOV.VN - The Ministry of Industry and Trade have revealed that Canada will not impose anti-subsidy duties on corrosion-resistant steel that originates or has been imported from Vietnam and will instead impose a substantial reduction on anti-dumping taxes on Vietnamese enterprises.
Iron and steel exports soar by 44% over nine-month period
VOV.VN - Vietnam exported seven million tonnes of steel and iron worth a total of US$3.65 billion during the first nine months of the year, an increase of 44.4% in volume and 16% in turnover, despite suffering a drop of 19.7% in value from the same period last year.
Construction steel sales projected to recover in year-end months
Construction steel sales are predicted to recover in the remaining months of 2020 after a fall in the January-August period due to impacts from the COVID-19 pandemic, according to the Vietnam Steel Association (VSA).
MoIT to verify information related to probe on imported H-beams
The Ministry of Industry and Trade (MoIT) will verify information provided by concerned parties before issuing a conclusion about an investigation into anti-dumping measures on steel H-beams imported from Malaysia.
Vietnam opposes Indonesia’s conclusions on anti-dumping investigation on steel sheets
The Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam sent a letter opposing several contents in the Indonesia's draft conclusions of an anti-dumping investigation on colour-coated steel sheet products imported from Vietnam and China.
Steel sector seeks entry into EU market
VOV.VN - Aside from enjoying preferential tariffs brought about by the European-Vietnam Free Trade Agreement (EVFTA), local steel firms have been advised to update their technologies and meet rules on product origin in order to make inroads into the EU.
Banks to sell collateral assets amid fears of rising bad debts
A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.