Although the demand for building steel rose by more than 26% in May compared to the previous month, steel prices decreased for the 10th month, and steelmakers expected the struggle to continue.

The European Union (EU) has decided to extend tariffs and quotas on various types of steel imports from Vietnam until the end of June 2024.

The Canada Border Service Agency (CBSA) updated the timeline for auditing the anti-dumping tax on corrosion-resistant steel (COR) of Vietnam and Turkey, according to the Trade Remedies Authority of Vietnam.

VOV.VN - Vietnam’s round stainless steel wire products manufactured from materials imported from the Republic of Korea have not circumvented the anti-dumping duty of the United States, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

The US Department of Commerce (DOC) has commenced anti-dumping investigation into bottless steel shelving units from Vietnam, Trade Remedies Authority of Vietnam said, recommending enterprises producing and exporting related products keep a close watch on the next developments of the case.

VOV.VN - The Trade Office of Vietnam in the Netherlands said that the EU-imposed carbon tax may have a direct impact on several categories of Vietnamese industrial products exported to the EU.

The US Department of Commerce (DoC) has announced the extension of the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into stainless steel wires imported from Vietnam, according to the Vietnamese Ministry of Industry and Trade.

The Department of Trade and Industry (DTI) of the Philippines has initiated a safeguard investigation on imported liquefied petroleum gas (LPG) steel cylinders, according to the Trade Remedies Authority of Vietnam (TRAV) under the Vietnamese Ministry of Industry and Trade.

VOV.VN - VAS Group has recently exported its first shipment of steel to the United States through the Port of Houston, one of the largest seaports in the world.

The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.