Steels

What impacts the steel industry before the new import and export tax?

The Ministry of Finance's proposal to change import and export taxes on construction steel makes the market wonder what will impact on the listed steel companies?

Raw material imports increasingly expensive, stoke inflation fears

Should steel tax adjust?

Regarding the proposal to increase billet export tax, the Vietnam Steel Association [VSA] disagreed, because this policy not only causes more difficulties for enterprises, but also is not suitable with the current situation of the current domestic steel production industry...

The United States, China, Europe And India have relatively large import demand for Vietnam iron and steel in 2022

In the world, the demand for iron and steel in the coming year is forecasted to be large with large construction projects of many countries.

Steel Industry: On the ball for Future Challenges

2023 has started with a promising future for the Vietnamese steel industry. Domestic steel and iron prices have been recouping in the past two months. In spite of this positive start, the steel industry is yet to face another potential market challenge.

Vietnam’s Steel Industry Under Pressure: A Perfect Storm of Trade Disputes

The country’s aspiration to be recognized as a market economy by the United States, coupled with surging steel exports to the U.S. and the looming threat of anti-dumping investigations in Europe, has created a perfect storm for the Vietnamese steel sector.

Multitool Robot For Caster Operations to Improve Safety at Gerdau’s Araçariguama Steel Plant

The integration of the latest technologies in robotics, vision systems, and artificial intelligence helps in designing new systems, further enhancing operator safety and productivity in the harshest areas of the steel production process.

From Steel to Appliances: The Effects of U.S. Tariffs on Consumers

Tariffs have long been a contentious topic in the United States, with their implementation and effects sparking heated debates among economists, policymakers, and consumers alike. Today we will look into the intricate world of tariffs, exploring their history, purpose, and most importantly, their overall impact on American consumers.

Exports of iron and steel have increased dramatically

According to the Vietnam Steel Association (VSA), our nation exported 8,54 million tons of iron and steel of all types with nearly 7,1 billion USD from the beginning of the year to the end of August, rise 43.4% in quantity and 127 percent in value over the same time last year.

Singapore's imports of Vietnamese steel increased 56 times

Vietnamese iron and steel export value to Singapore in the first 2 months of 2024 reached more than 21.5 million USD, an increase of 56 times over the same period last year.