Category: News

The European Commission (EC) has decided to impose temporary safeguard duties in the form of an import quota on 28 categories of steel from 10 exporting countries, including Vietnam. However, not all Vietnamese exporters are subject to the duties.

A Canadian trade body has made a preliminary ruling that imports of cold-rolled steel from Vietnam, China and the Republic of Korea are harming the domestic industry.

Improving competitive capacity to expand export markets and understanding of international trade regulations are significant for Vietnamese steel firms to respond to trade defence lawsuits in the context of growing protectionism...

The domestic steel production is expected to gain year-on-year growth of about 20 per cent this year, according to the Ministry of Industry and Trade.

A Vietnamese firm plans to invest US$500 million to build a steel factory in Sihanoukville Provincecapable (Cambodia) of generating around 2 million tons of steel each year.

The Ministry of Industry and Trade on July 4 released anti-dumping duties on imported cold-rolled stainless steel products after its second review for application of the duties.

The total output of Vietnam’s steelmakers is far in excess of domestic demand, while imports are growing and foreign-invested steelmakers are ramping up production, placing mounting pressure on the local steel industry.