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On August 17, a number of steel producers lowered their prices by 100,000 VND/ton for CB240 coil products, down to 13.5-14.04 million VND/ton, while maintaining the same selling price for D10 rebar. CB300. According to data from Steelonline, Hoa Phat steel company simultaneously lowered VND 100,000/ton for CB240 coil line in all three regions of

In the context of weak domestic steel demand and rising costs pushing up global commodity prices, the selling prices of finished steel are increasing slower than the prices of input materials.

US-China trade tensions have pushed the US dollar (USD) to a high level, while the yuan has fallen sharply, which will have an impact on domestic manufacturing industries.

In the context of weak domestic steel demand and rising costs pushing up global commodity prices, the selling prices of finished steel are increasing slower than the prices of input materials.

CBSA will stop gathering information on June 15, and the parties will submit their arguments on June 22. HA NOI — Canada Border Service Agency (CBSA) updated the timeline for auditing the anti-dumping tax on corrosion-resistant steel (COR) of Việt Nam and Turkey, according to the Trade Remedies Authorities of Vietnam. Particularly, CBSA will stop

The freezing of the Chinese real estate market, falling prices of rebars in China, Việt Nam’s EVN raising electricity prices, and the State Bank lowering interest rates for the third time will all impact the resilience of businesses in the steel industry in the short term.  HA NOI – Many fluctuations in the domestic and

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

Outflows of foreign capital also increased pressure on the market. HA NOI — Benchmark indices extended losses on Tuesday as risk-off sentiment persisted, while outflows of foreign capital also increased pressure on the market. The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) closed the day at 1,034.85 points, a decline of 6.51 points,

Foreign capital also flew back to the market HA NOI — Shares rebounded on Wednesday as the risk-averse mood eased and foreign investors came back to the market. The market’s benchmark VN-Index on the southern bourse, Ho Chi Minh Stock Exchange (HoSE), snapped a three-day losing streak to end higher at 1,040.8 points. It lost 5.95