Despite sluggish performance driven by a fall in steel prices, experts are optimistic about the steel industry’s recovery in 2024 as the Government's policies and the...
Innovation plays a key part in Việt Nam steel industry's objective to cut down its carbon footprint, according to Nghiêm Xuân Đa, Chairman of the Vietnam Steel...
While domestic consumption faces challenges, Vietnam's steel exports to the EU are experiencing robust growth. However, in the near future, if Vietnamese steel...
HPG’s net profit growth could have a slow start for the year, but the turning point would be in 3Q23F following the low base effect, widening gross margin, and narrowing...
Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in...
Hoa Phat Group (HoSE: HPG) reported negative 3Q22 earnings due to weak steel demand, squeezed gross margins (GM), and foreign exchange losses, resulting in a 61.3%...
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.
The conflict between Russia and Ukraine, as well as sanctions on Russia, have raised input prices and logistics costs, impacting domestic steel exporters.
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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