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Tag: steel

Thailand launches anti dumping probe into steel from Vietnam

This adds to a growing list of investigations into steel import from Vietnam that includes South Korea, India, and the European Union and comes as cheap Chinese steel floods markets around the world. Of note there has been some suspicion that Chinese steel makers may be using Vietnam as an intermediary to circumvent trade tariffs in other countries on their own steel products…

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Can Vietnam Survive the Steel-Trade Wars?

Cheap Chinese steel is flooding markets around the world causing headaches for local steel makers. This has led to anti-dumping investigations in a number of countries that look to have caught Vietnam in the crossfire. It is not, however, going quietly but launching its own anti-dumping investigations as well. In this context, this article looks at what has happened to Vietnam’s steel industry, how it is responding, and what that might mean moving forward.

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Central Vietnam government looks for investors in new steel factory

Developing a steel project right now doesn’t seem to be particularly prudent in that there are a myriad of trade remedies investigations into steel imports around the world currently underway, including against steel from Vietnam. These trade remedies cases look to be the result of increased exports of cheap steel from China and Vietnam on the back of a fall in demand at home following slumps in their respective real estate markets…

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Vietnam’s Hoa Phat Steel: Stock Review

While the challenges are evident, the potential of Hoa Phat’s Dung Quat 2 complex to drive future growth cannot be ignored. This complex is expected to start operating in early 2025, targeting an annual production capacity of 5.6 million tons of steel, including 4.6 million tons of HRC and 1 million tons of specialty steel. This could potentially stimulate revenue, and profits, making Hoa Phat an intriguing investment prospect.

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