Vietnam spends over 10 billion USD to import record volume of steel

Vietnam spent 10.48 billion USD to import nearly 15 million tonnes of steel in the first 10 months of this year, an additional concern of the domestic industry which is struggling to compete with the flood of cheap steel.

Steel industry expected to recover in 2024

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 revised Land Law are put in place to support the realty market and the construction industry.

Steel price rises despite falling demand

The price of construction steel is on the rise despite the fact that the demand for this type of construction material remains weak, insiders have said.

Steel sector expects for better business result in 2023

Better disbursement of public capital, sound steel prices and opportunities to boost steel export to Europe are among the expectations of steel enterprises so as to have a rossy business result in 2023.
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