STEEL INDUSTRY NEWS
- 28 09/2024
Summary Report of the Government-Business Meeting on September 21, 2024: Expectations and Directions for the Private Economy
- 10 09/2024
Although the context remains volatile, the Chinese steel market has recently shown signs of growth in both the spot market and the futures market.
- 01 07/2024
First day of July, steel mills announced a price reduction for wire rod, down from 100 - 200 VND/kg depending on the steel mills.
- 01 06/2024
Steel is an alloy formed after being heated in an oven at high temperatures. This is an extremely important material that creates strength and durability in large or small projects and ensures…
- 27 05/2024
It is basically stable, but market sentiment is getting weaker when information about factory subsidies and billet prices appears to decrease slightly.
- 22 05/2024
The Chinese market's rebound at the end of this week has had a positive impact on the Vietnamese market, typically HRC. If the increase in HRC continues, items such as steel pipes, boxes and…
- 25 03/2024
Vietnam's steel market continues to show weakness as factories continue to adjust downwards for many products. The main factor causing price decline is still weak demand, the factory's construction…
- 21 03/2024
The main steel supplier countries to Vietnam in January 2024 include: China (67.6%), Japan (9.12%), Korea (6.42%) and ASEAN (5.11 %)
- 21 03/2024
Construction steel demand in the market is still weak, inventory is still maintained at a high level. In addition, the scrap market shows signs of further decline with a number of mills such…
- 21 03/2024
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.
- 27 01/2024
In the last days of the year, following the price increase of rolled steel on January 19, 2024 and in response to market fluctuations, steel billet prices and input material prices increased,…
- 17 01/2024
China's economic support for 2024 runs into difficulties. Steel futures markets in China face downward pressure on prices after the country's annual Central Economic Work Conference did not…
- 17 01/2024
The global steel industry has been aiming for carbon neutrality by 2050, so in recent times, the Vietnamese steel industry has also gradually kept pace with innovation and made many great contributions.…
- 20 12/2023
A lot of steel mills: Hoa Phat, Tung Ho, VAS,... announced an increase in construction steel prices today 19/12/2023
- 11 12/2023
As expected, at the beginning of this new week, the market continued to receive news of price increases from other mills applicable to rebar
- 06 10/2023
Western Australia may soon be home to the world’s tallest wooden building, after authorities in Perth green-lit plans for a 191.2-meter-tall (627-foot) “hybrid” tower constructed using…
- 04 10/2023
The situation is fluctuating, awaiting the trend in October.
- 25 09/2023
Finished steel products fluctuate, expectations for improvement still remain
- 20 09/2023
After a prolonged period of continuous price reductions since the beginning of September, September 19th witnessed a simultaneous price adjustment from domestic steel brands. This development…
- 18 09/2023
Over the past week, the Vietnamese steel market has witnessed several significant developments, bringing positive signals
- 11 09/2023
The Vietnamese steel market exhibits a contrasting scenario between finished steel products and raw materials in September.
- 08 09/2023
Many experts believe that by the end of the year, after the rainy season, numerous real estate projects will be initiated, thus driving the steel prices to recover.
- 29 08/2023
Predictions for the Steel Industry in 2024
- 24 08/2023
Summary of Steel Usage in the First 7 Months of the Year
- 22 08/2023
Domestic steel enterprises continue to collectively adjust the prices of rebar
- 10 07/2023
Scrap and HRC show signs of increase
- 05 07/2023
Predicting that there will be a lot of pressure in July 2023
- 15 05/2023
The purchasing power remains weak, and prices have undergone multiple adjustments
- 03 05/2023
Many pressures, expectations for a recovery after the holiday
- 18 04/2023
Weak demand and unstable prices
- 10 04/2023
Weak demand, factories officially lowering steel prices.
- 05 04/2023
Price reduction for construction steel
- 04 04/2023
Increasing pressure to decrease prices
- 21 03/2023
On March 20, 2023, in response to market fluctuations and the increase in the prices of steel billets and raw materials, the steel mills have issued price increase announcements
- 16 03/2023
Slight improvement in transactions
- 06 03/2023
Expectations for purchasing power to recover soon.
- 02 03/2023
Hoa Phat, Tungho Increase The Price of Rebar
- 27 02/2023
The purchasing power has shown slow improvement, prices have slight fluctuations
- 21 02/2023
Weak purchasing power, minimal price adjustments.
- 07 02/2023
Continued Price Increase Trend
- 06 02/2023
Mostly increasing prices
- 09 01/2023
Many Steel Mills have increased steel prices: Hoa Phat, Tungho, Pomina,....
- 09 01/2023
Slight increases and hopes for market recovery.
- 04 01/2023
Recovery hopes at the beginning of 2023
- 26 12/2022
Waiting for adjustments of Hoa Phat and Hoa Sen Company
- 22 12/2022
Scrap, billet slows down, HRC increases sharply
- 21 11/2022
Adjustments to regain the market
- 15 11/2022
Despite the difficulties, there are many hopeful signs in the market
- 21 09/2022
Recover with lots of pressure
- 08 09/2022
EU steel buyers will need to seek cheaper steel sources in Asia, including Vietnam...
- 30 08/2022
Hoa Phat, VAS, Tisco, Tung Ho, Shengli officially increased construction steel price
- 18 07/2022
Continue to find the bottom
- 13 07/2022
Many fluctuations
- 20 06/2022
The downward pressure appeared simultaneously
- 16 05/2022
The Ministry of Industry and Trade has just reported a proposal to develop a
- 18 04/2022
A slight downtrend appears
- 05 04/2022
Prepare to increase prices again
- 21 03/2022
the more increase, the more pressure
- 15 03/2022
In the early days of March, many steel mills increased prices three times (specifically, on March 5th by 400 VND/kg, March 9th by 600 VND/kg, and March 15th by 600 VND/kg), accumulating to a…
- 17 01/2022
Contradictory developments
- 11 01/2022
The market has many challenges and opportunities
- 15 11/2021
market fluctuation
- 26 10/2021
Overcoming difficulties
- 21 10/2021
The World Steel Association forecast steel demand to rise by 4.5% this year
- 12 10/2021
Market recovers step by step
- 05 10/2021
Prospects for recovery after a series of quiet days
- 02 10/2021
Understanding the cost of decarbonization and its impact on steel prices and raw material costs
- 29 09/2021
Power rationing has also impacted the downstream processing and manufacturing sectors.
- 24 09/2021
Domestic stainless steel output fell by more than 20% under the production curtailment policy
- 23 09/2021
Iron ore arrivals fell significantly from the previous session
- 21 09/2021
Market Prediction with Improved Efficiency
- 17 09/2021
Handan will have great impact on the supply side, boosting the market sentiments. SMM will continue to monitor the implementation of the plants.
- 14 09/2021
The price of Embryos and scraps increased, enterprises expect the market change soon
- 31 08/2021
Unexpectations recovery
- 30 08/2021
Sweden has delivered the world's first shipment of "green steel," which is produced without using fossil fuels. This milestone marks a significant step towards reducing carbon emissions from…
- 23 08/2021
Raw materials was weakened, the market could not be prosper
- 17 08/2021
Price tends to be adjusted, transactions hasn't had a breakthrough yet
- 10 08/2021
Price Expectations weren't successful in the construction steel market
- 03 08/2021
Many enterprises also divert the import of scrap steel
- 21 07/2021
Vietnam's steel market endures a volatile week
- 07 07/2021
The construction steel market flattened, In the billet export market, billet prices tend to increase slightly
- 01 07/2021
The construction steel market is decreased with a relatively decrease, the hot-rolled case (HRC) Market Effect on Consumption
- 07 06/2021
In recent years, the price increase of stainless steel products is not as strong as that of other steel products
- 03 06/2021
Steel prices and raw materials for steel production continued to recover strongly after the recent decline due to strong demand
- 31 05/2021
Hoa Phat Continues Researching to Invest in New Iron Ore Mines in Australia to Ensure Long-term Supply of at Least 50% of the Company's Iron Ore Demand (equivalent to 10 million tons per year).
- 15 05/2021
On May 14th, authorities in Shanghai and Tangshan (China) issued warnings to local steel companies about exploiting price increases, collusion, and spreading misinformation to profit from the…
- 11 05/2021
Market sources saw increased seaborne interests for mainstream medium grade fines amid growing consumption of ores with higher than 60% Fe among Chinese steelmakers.
- 22 04/2021
Faced with operational challenges and weather disruptions, the world's leading iron ore mining companies have struggled to keep up with the robust demand from China in Q1/2021, a factor that…
- 12 04/2021
Experts predict that steel prices will continue to rise
- 12 04/2021
The steel industry is forecasted to experience positive growth in 2021, thanks to the benefits from increased public investment and a potential resurgence in the real estate market.
- 22 03/2021
In the first month of 2021, Hoa Phat Group achieved a significant breakthrough in steel exports. They exported 37,000 tons of finished construction steel, marking a 38% increase compared to…
- 09 03/2021
China's crude steel production increased at the end of February, driven by improved profitability from domestic construction activities after the Chinese New Year. This surge in production contributed…
- 22 02/2021
(Chinhphu.vn) - The Minister of Industry and Trade has recently decided to apply temporary safeguard measures to imported long steel and steel billets into Vietnam.
- 20 02/2021
Researchers from Nanyang Technological University (NTU), Singapore, are currently developing a type of concrete that can flex and bend. Could this material bring about a revolution in the construction…