Vietnam was estimated to export around 1.87 million tonnes of steel and steel ingot this year, a 44.5 per cent increase from 2010 figures, Vietnam Steel Association chairman Nguyen Chi Cuong said. “This year, export of cold-rolled steel, stainless steel, steel bars and zinc-coated steel sheets all increased significantly in comparison with last year,” Cuong [...]
Vietnam has exported 1.87 million tonnes of steel so far this year, up nearly 44.5 percent over the same period of 2010, announced Pham Chi Cuong, Chairman of the Vietnam Steel Association (VSA). Of the figure, about 285,600 tonnes of steel ingot have been shipped abroad while the consumption volume of the product has reduced [...]
Beijing’s increasing assertiveness in the South China Sea has added further significance to Vietnamese President Truong Tan Sang’s visit to India starting tomorrow. But Sang’s visit, the first to a non-Asean (Association of Southeast Asian Nations) member-state since his taking office in July, is also likely to feature a keen push to grow bilateral business [...]
Several big-scale steel projects are dragging their feet, mostly because of weak financial capacity of investors and contractors, the Ministry of Industry and Trade said in a report. In its report, the ministry named six projects that are years behind schedule, including some billion-dollar projects. The Taiwanese-invested Guang Lian project in Quang Ngai Province’s Dung [...]
Vietnam Steel Association (VSA) has said that many steel enterprises are now manufacturing in moderation and some others are operating with 50% of their capacity. VSA also said that in 2012 there will be many steel enterprises that would go bankrupt. Companies that use much energy and raw materials and fuels but produce unqualified products [...]
President of Vietnam Steel Association Nguyen Chi Cuong said that steel products of Vietnam have received warnings about the possibility of facing anti-dumping cases in some countries. Vietnam’s steel enterprises have started to export steel for nearly three years with small volumes. In the first eight months of 2011, the export volume of construction steel [...]
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