Vietnam steel sector: Steel price recovery as a key growth driver
Steel prices also recovered in 1Q26, with construction steel and HRC prices rising by 4% and 3% from the beginning of the year, respectively. This is considered a key...
Steel prices also recovered in 1Q26, with construction steel and HRC prices rising by 4% and 3% from the beginning of the year, respectively. This is considered a key...
US President Donald Trump's decision to raise steel and aluminum tariffs from 25% to 50%, which went into effect on June 4, 2025, has had an adverse impact on the global...
Vietnam’s steel sector is grappling with mounting challenges, including a rising volume of Chinese steel exports, domestic oversupply and global trade barriers, experts...
Many analysts expect world steel demand to recover 1.2% yoy in 2025 driven by the growth of India and EU while the supply remains stable due to cut down of China.
According to the Vietnam Steel Association (VSA), steel sales in November and December 2023 reached the highest levels in 20 months with growth between 20-40 per cent...
With bright signs seen in the last months of 2023, many experts predicted that the domestic steel sector can recover in 2024.
Totally in the 11-month period, finished steel production saw a yearly decline of 11.3 per cent to 27.12 million tonnes. Sales of finished steel also plunged 7 per cent...