U.S. producers seek to block Chinese aluminum shipped via Vietnam

U.S. producers seek to block Chinese aluminum shipped via Vietnam

WASHINGTON (Reuters) - U.S. aluminum products makers sought new trade protections against Chinese imports on Tuesday, accusing China Zhongwang Holdings Ltd and its affiliates of evading U.S. anti-dumping and anti-subsidy duties by shipping aluminum products through Vietnam. In a filing with the U.S. Commerce Department, the Alumin...

Steel association seeks strong response to Us decision

Steel association seeks strong response to Us decision

HÀ NỘI — The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed. It has requested the Ministry of Industry and Trade (MoIT) to take measures to support steelmakers in tax evasion invest...

VN steel export up last year

VN steel export up last year

Vietnamese steel billets are mainly exported to markets in the Philippines and Indonesia, with the average prices ranging from US$480 to $500 per tonne, depending on the period. HÀ NỘI — Việt Nam has transformed from a steel-importing country to a producing nation, with the export of 300,000 tonnes of steel billets last yea...

Chinese steel futures fall as demand weakens

Chinese steel futures fall as demand weakens

Steel demand in the world’s top producer and consumer of the metal cooled as construction slowed with lower temperature in China’s northern regions. The most active rebar contract on the Shanghai Futures Exchange dropped 3 percent to close at 3,787 yuan ($578.54) a tonne. “The physical market sales were not good, and pr...

Iron, Steel cos’GNPA for PSBs in Basic Metals 24%: Govt

Iron, Steel cos’GNPA for PSBs in Basic Metals 24%: Govt

Iron and steel sector accounts for about 24 percent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September...

China Steel production to slow sharply in 2018

China Steel production to slow sharply in 2018

China’s steel production growth is expected to slow sharply in 2018 as state-mandated factory closures and policies to protect the environment begin to bite. The world’s largest producer of the metal will experience just a small rise in output of 0.6 per cent this year, a poll of 15 analysts found in a Financial Times survey. ...

Vietnam Steel Industry Only Meets 40% Of Domestic Steel Demand

Vietnam Steel Industry Only Meets 40% Of Domestic Steel Demand

According to the Ministry of Industry and Trade, Vietnam steel industry grew significantly in 2016. However, 40% of domestic steel demand has been satisfied.

Vietnam to impose duty on Chinese, South Korean and Taiwanese steel sheets

Vietnam to impose duty on Chinese, South Korean and Taiwanese steel sheets

HANOI (Reuters) - Vietnam will impose quotas and so-called safeguard duties on imported painted-galvanised steel from China, South Korea and Taiwan for three years to protect domestic producers, its trade ministry said on Wednesday. Imports of painted-galvanised steel sheets into Vietnam surged more than 70 percent last year, hurt...

Vietnam reviews anti-dumping duty on stainless steel imports

Vietnam reviews anti-dumping duty on stainless steel imports

HCMC – The Ministry of Industry and Trade is expected to conduct its second review of anti-dumping measures against a number of cold-rolled stainless steel products imported into Vietnam, following petitio...

Steel production steadies, room for growth

Steel production steadies, room for growth

Hanoi, August 2 (VNA) - Despite stagnation in the second quarter of 2017, Vietnam’s steel industry managed to turn a profit in the first seven months of the year, led by a rebound in construction and real estate demand. According to reports released by the Vietnam Steel Association (VSA), the domestic steel market in the first s...

Free WordPress Themes, Free Android Games