Vietnam's top steel businesses are highly valued, as this sector benefits from a variety of domestic and international variables.
Nam Kim Steel Joint Stock Company (HoSE: NKG)'s long-term prospects are also strengthened when Nam Kim Phu My Steel Mill goes into operation from 1Q26.
According to SSI Research, the recognition of Vietnam's market economy status will provide significant long-term benefits to Vietnamese manufacturing and export...
As capital flows no longer flood heavily into banking sector equities, they may transfer to other large-cap stock groupings, with the steel industry predicted to...
While steel prices have continued to fall and demand remains low, the steel industry is expected to recover at the end of this year.
In the third quarter of 2018 compared to the corresponding period in 2020, Vietnam's total steel sales volume decreased by 11%.
Steel producers will be less pressured because raw material prices are still much lower than those in early May and selling prices have started to rebound slightly.
Due to inflows of public investment in infrastructure, Vietnam's steel consumption output appears to be improving, and civil construction activities have rebounded.
VDSC believed coated steel export volume to Europe would be robust until 2022 owing to favorable trade policies and increasing demand.
The Covid-19 pandemic halted domestic construction activities, thereby reducing domestic steel consumption. Therefore, many steel enterprises have promoted export and...
In the coated steel segment, VDSC said, exports would remain strong in 2H2021 as several producers, such as HSG, NKG… received sufficient orders for production until...
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