Vietnamplus

The steel industry is expected to maintain its recent double-digit growth this year, helped by the recovery of the property market, but it will also face the pressure of trade defense instruments in import markets and competition from cheap steel.

The import value for steel and iron products continuously surged sharply in the first month of 2017 to 710 million USD, the General Statistics Office reported.

The steel industry is likely to enjoy 10-12 percent growth next year, said the Vietnam Steel Association (VSA) at a workshop in HCM City last week.

The steel industry is likely to enjoy a 10-12 percent growth next year, according to the Vietnam Steel Association.

Leaders of the Formosa Ha Tinh Steel Corporation (FHS) officially apologised for a shocking statement made by a company’s representative regarding recent massive fish deaths in the central region.

The steel industry has seen a record growth over the first 11 months this year, up 30.1 percent from the same period last year, according to the Vietnam Steel Association.

The steel industry will grow 12 percent in the next two year under the impact of the Trans-Pacific Partnership (TPP), Nguyen Minh Nhut, director of BlueScope Steel Vietnam Limited.